(2nd LD) U.S. says Iran deal signed, expects toll-free Strait of Hormuz transit as part of final pact (opens original article in a new tab)

The U.S. and Iran have signed a memorandum of understanding to extend their ceasefire for 60 days, with plans to negotiate a final peace deal. The agreement includes toll-free access to the Strait of Hormuz for 60 days, which the U.S. expects to be part of the final pact.

• U.S. and Iran signed a memorandum of understanding to extend ceasefire for 60 days.
• Strait of Hormuz will be toll-free for 60 days as part of the agreement.
• U.S. expects toll-free transit in the strait to be part of the final peace deal.