US-Iran draft deal could reopen Strait of Hormuz within a month - Iranian TV

Investing_ng | 28-05-2026 02:17am |

A draft agreement between the United States and Iran has the potential to facilitate the reopening of the Strait of Hormuz within a month, according to reports from Iranian state television. The Strait, a critical maritime passage for global oil shipments, has been a focal point of tensions between the two nations. The details of the draft deal have not been fully disclosed, but its implementation could significantly impact international shipping and energy markets. Both parties are reportedly engaged in discussions aimed at reducing hostilities in the region.

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