Pakistan, May 29 -- US and Iranian negotiators have reportedly agreed on a framework for extending the current ceasefire by 60 days, although the proposed deal still awaits final approval from President Donald Trump. The framework is expected to support fresh negotiations on Iran's nuclear programme while also reducing tensions that have intensified since the conflict between the United States, Israel and Iran escalated earlier this year.

According to US sources, the proposed memorandum of understanding includes guarantees for unrestricted shipping through the Strait of Hormuz, one of the world's most critical oil transport routes. Under the reported arrangement, Iran would remove all naval mines from the strategic waterway within 30 day...