The U.S., Iran, and Oman are reportedly close to a 60-day agreement to reopen the Strait of Hormuz, with the U.S. aiming to announce the deal on Wednesday.

The U.S., Iran, and Oman are reportedly close to a 60-day agreement to reopen the Strait of Hormuz, with the U.S. aiming to announce the deal on Wednesday. The temporary arrangement would route inbound ships through Iranian waters and outbound ships through Omani waters without charging transit fees, while both sides work to clear naval mines and negotiate a permanent shipping agreement. The deal is intended to preserve the U.S.-Iran ceasefire and restart nuclear talks after weeks of tensions. Source: Axios