Agreement between US and Iran involves opening the strait during a 60-day ceasefire, says agency

President Donald Trump speaks at Rockland Community College in Suffern, New York
REUTERS/Kylie Cooper
The United States and Iran are close to signing an agreement involving a 60-day ceasefire extension, during which the Strait of Hormuz would be reopened.
Iran would be able to sell oil freely and negotiations would be held to limit Iran's nuclear program, Axios reported on Saturday (23), citing a US official. US.
According to the Axios report, during the 60-day period, the Strait of Hormuz would remain open without charging fees and Iran would agree to remove the mines it has installed in the region to allow free passage of ships.
In exchange, as part of the proposed deal, the US would lift the blockade of Iranian ports and grant some exemptions from sanctions to allow Iran to sell oil freely, the report added.
Trump says he is "finalizing details of agreement" with Iran
The draft deal also includes commitments from Iran to never seek nuclear weapons and to negotiate a suspension of its uranium enrichment program and the removal of its stockpile of highly enriched uranium, Axios said.
Iran has provided the U.S., through mediators, with verbal commitments about the scope of concessions it is willing to make regarding the suspension of enrichment and the delivery of nuclear material, two sources told Axios.
The US would also agree to negotiate the lifting of sanctions and the unblocking of Iranian funds during the 60-day period, the Axios report said.
The White House did not immediately respond to Reuters' request for comment on the report.
This story is being updated.

Source: G1