High-stakes US-Iran 60-day ceasefire memorandum nears final approval: Report

Washington DC [US], May 24 (ANI): A high-stakes memorandum for a 60-day ceasefire between the United States and Iran is in its final stages, with negotiators working to close remaining gaps and avert further escalation in the region, including reopening of the Strait of Hormuz and the resumption of Iranian oil sales, according to an Axios report citing US officials.