Iran and the United States have signaled they are closing in on an agreement to turn the existing ceasefire that ended weeks of conflict into a more long-lasting settlement.

Iran peace deal in chaos as White House rejects Tehran’s report of draft as ‘complete fabrication’ - White House says Iran’s state TV report of agreement is ‘not true’

Sen. Ted Cruz advocates recognizing Somaliland as the U.S. reportedly explores military access to the breakaway state's port and airbase facilities.

Country’s state TV says Iran would allow shipping in waterway and US would lift naval blockade under draft memorandum

By Elwely Elwelly and Jana Choukeir May 27 (Reuters) - Tehran would restore shipping through the Strait of Hormuz to pre-war levels within a month in a framework deal with the U.S. to also include withdrawing U.

The Strait of Hormuz remains closed to most of the world's shipping vessels, exacerbating months of fears over fuel supplies.

The S&P 500 and Nasdaq Composite wavered Monday morning, even as oil prices and Treasury yields retreated after a report on a draft U.S.-Iran deal framework. "The rally has been stellar, but maybe the bulls are a bit tired,

Iran orders international news outlets in Tehran to attach mandatory language barring their photos, videos and reports from use by Israeli media and exiled Farsi-language TV stations. The directive, issued by the Ministry of Culture and Islamic Guidance,