The US and Iran have begun talks on a ceasefire.

According to US President Trump, the extension of the ceasefire for 60 days is almost finalized.

During this time, the Strait of Hormuz would be toll-free.

Iran would commit to clearing mines and pursuing nuclear weapons.

In return, the US would lift the blockade of Iranian ports and grant sanctions exemptions.

The war between Israel and the Iran-backed Hezbollah militia in Lebanon would end.

The deal would not mean an immediate ceasefire, but rather an initial agreement on a time window for further talks.