India, Nov. 3 -- Multiple explosions were reported on Iran's Qeshm Island on Monday, according to the state-run IRNA news agency, although their cause remains unknown.

Iranian authorities have yet to issue an official statement confirming the source of the reported blasts.

The latest development came hours after Donald Trump indicated that a possible agreement with Iran could be within reach.

On Monday, the US president suggested that diplomatic efforts were making progress towards preventing a renewed conflict, while Tehran confirmed that "intensive" negotiations were taking place. Iran also expressed willingness to reopen the strategically important Strait of Hormuz, although it attached strict conditions to the proposal.

Taking to ...