US-Iran war: Will Strait of Hormuz reopen and blockade end? Both nations discuss phased deal, says report
Iran and the US are negotiating a phased deal to potentially reopen the Strait of Hormuz, a crucial oil route, while addressing US economic sanctions. Both sides face challenges in making concessions, with Iran seeking relief and the US aiming for unrestricted maritime traffic. A breakthrough could occur after the US midterm elections on November 3, as both nations explore options for a lasting agreement.