New Delhi, May 26 -- A draft agreement between the United States and Iran proposes a 60-day ceasefire extension, the reopening of the Strait of Hormuz, and commitments aimed at preventing Iran from developing nuclear weapons, according to regional officials familiar with the ongoing diplomacy.

The proposal, reported by CBS News, comes amid intensified backchannel negotiations as the administration of US President Donald Trump seeks to avoid renewed military escalation in the Middle East.

According to two regional officials cited by news outlet, the draft memorandum of understanding includes several major provisions:

-A 60-day extension of the current ceasefire

-Immediate reopening of the Strait of Hormuz by Iran

-Restoration of marit...