US President Donald Trump agrees interim peace deal with Iran to reopen the Strait of Hormuz and launch 60-day nuclear negotiations, easing oil price pressures

The agreement is expected to be formally signed on Friday in Switzerland.

Trump and Iran reach a tentative peace with unresolved nuclear issues, postponing critical negotiations on Iran's nuclear program.

A preliminary deal to end the Middle East war has been signed by the US and Iran. This agreement extends a ceasefire and reopens the Strait of Hormuz. Shippers, however, express…