From Hormuz to nuclear talks – what to expect in the 60-day US-Iran ceasefire proposal

The United States and Iran are reportedly nearing an agreement to extend the existing ceasefire for an additional 60 days. This proposed arrangement would facilitate the reopening of the Strait of Hormuz and enable Iran to resume its oil exports while ongoing negotiations regarding Tehran's nuclear program take place. The details of this draft memorandum of understanding (MOU) have been highlighted by the US media outlet Axios, indicating a potential shift in the diplomatic landscape between the two nations.

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