US and Iran agree peace framework and set plan to reopen Strait of Hormuz (opens original article in a new tab)

US President Donald Trump and Iran announced a memorandum of understanding for an immediate ceasefire and a phased plan to end the war, including reopening the Strait of Hormuz. The agreement involves mine-clearance and lifting naval blockades, with differing timelines between the two sides.

• US and Iran agree on a ceasefire framework and plan to reopen the Strait of Hormuz.
• The agreement includes mine-clearance operations and phased reopening of the strategic waterway.
• Iranian and US officials differ on the timeline for implementing the deal.