Pakistan, June 13 -- Iranian Foreign Minister Abbas Araghchi has said a draft agreement between Iran and the United States is nearing completion and could be signed within the next few days. He explained that both sides plan to sign the memorandum of understanding remotely through digital means before making a formal public announcement. Although negotiators may still adjust some details, Araghchi expressed confidence that the process is entering its final stage and could conclude soon.

The proposed agreement centres on reopening the Strait of Hormuz, a vital global trade route that previously carried nearly one-fifth of the world's oil and gas shipments. Iran has insisted that vessels using the waterway should pay fees for services prov...