Mediators believe Iran and US nearing 60 day extension on ceasefire, FT reports

Mediators believe they are nearing agreement to extend a US ceasefire with Iran by 60 days and set a framework for talks on Tehran’s nuclear program, the Financial Times reports, citing people briefed on the talks.

The deal would include a gradual reopening of the Strait of Hormuz, discussions on diluting or transferring Iran’s stockpile of enriched uranium, and steps by Washington to ease its blockade of Iranian ports and sanctions relief, the report adds.