Tehran/Washington, June 13 -- Iran's Foreign Minister Seyed Abbas Araghchi said that a deal with the United States to end hostilities is close to being finalised, with the proposed agreement expected to include the reopening of the strategic Strait of Hormuz, the release of frozen Iranian assets and measures to support Iran's post-war reconstruction.
Speaking to Iranian state television, Araghchi said the proposed memorandum of understanding (MoU) is designed to consolidate what Tehran views as gains achieved during the recent conflict with the United States and Israel.
He described diplomacy as a means of securing those gains through a formal agreement. According to Araghchi, the first element of the proposed deal concerns the lifting of...