A proposed peace agreement between the US and Iran has taken a significant step forward, with both sides reportedly close to finalizing a deal. The draft agreement includes the reopening of the Strait of Hormuz within 30 days, the release of $24 billion in frozen Iranian assets, and a 60-day period for negotiations on nuclear issues.
However, Iran has pushed back against reports that it would give up control of the strategic waterway, insisting that the Strait of Hormuz would remain under Iranian authority even if shipping resumes.
US President Donald Trump has claimed a breakthrough in talks, but Iranian officials have stressed that no final agreement has been reached yet.
Israeli Prime Minister Benjamin Netanyahu has also weighed in, saying Iran will not be allowed to obtain nuclear weapons as long as he is prime minister.
The proposed deal has been met with caution by other countries, with India formally protesting to the US over the deaths of three Indian seafarers in a recent attack.
