India, Aug. 5 -- A temporary arrangement to restore commercial movement through the Strait of Hormuz could be announced within the next two days, with US President Donald Trump expressing confidence that negotiations with Iran are progressing. The proposed understanding, if finalised, is expected to remain in force for 60 days and is aimed at easing shipping disruptions in one of the world's most important maritime trade routes.

Speaking to reporters in Los Angeles on Tuesday, Trump indicated that an announcement could come very soon.

"It could happen. Tomorrow or the next day," Trump said when asked about reports suggesting a breakthrough was imminent. Referring to the ongoing engagement with Tehran, he added, "Talks with Iran are movi...