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Details Emerge on Planned US-Iran Agreement Over Hormuz Strait

Marco Rubio speaking at a press conference in India.

Image source, Reuters

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Following the release of details on a draft agreement to extend the ceasefire between the United States and Iran, Tehran has declared that the status of the Hormuz Strait will not revert to its pre-conflict condition.

US President Donald Trump has stated that the agreement is nearly finalized.

Iranian media have reported that the accord includes commitments from all sides to end hostilities and for Tehran to halt the advancement of its nuclear program.

According to the proposed deal, the Strait of Hormuz will be reopened for navigation.

The news website Axios quotes a US official indicating that the Trump administration may grant Iran some exemptions on oil sales restrictions.