India, May 26 -- Iran will reopen the Strait of Hormuz and allow free shipping and navigation through the waterway under the proposed framework to end the West Asia conflict, sources said.

The plan, under discussion between US and Iran, would reopen Hormuz 30 days after the two countries agree to a deal to end hostilities in the Middle East, the Nikkei newspaper reported on Monday citing a diplomatic source from the region.

In the 30-day window after the agreement is reached, Tehran would initiate efforts to clear mines from the strait. Thereafter, according to the proposed deal, vessels from all countries would be able to navigate freely and safely, with Iran halting any transit fees for ships, Nikkei reported.

According to the Nikkei...