India, May 30 -- The United States and Iran are close to a peace deal to end the conflict in West Asia, even as the two sides negotiates and bargain over the nitty-gritty of the deal.

US President Donald Trump on Friday said the naval blockade in the Strait of Hormuz was being lifted and a decision on an agreement with Iran would be taken soon.

However, Iran countered the US claim saying the negotiations for the ceasefire deal continue and no final understanding has been reached.

The two countries have reached a preliminary memorandum of understanding to extend the ceasefire for 60 days even as they negotiate deal to permanently end the war.

On Friday, Trump said he would soon decide on a proposed deal to extend the ceasefire with Ira...