US–Iran ceasefire deal to be released soon, but talks on permanent truce still underway

Details began to emerge on Tuesday of the US and Iran’s interim agreement to end the war in the Middle East, with US President Donald Trump saying it will rule out a nuclear weapon for Tehran and a US official ​saying it allows Iran to sell oil upon signing, Reuters writes.

Under the deal, the US will end its blockade of Iran’s ports while Tehran will restore the passage of oil tankers and other maritime traffic through the Strait of Hormuz.

The US president said the agreement states clearly that Tehran will not have a nuclear weapon and the full text would be made public in a formal setting in a few days.

The memorandum of understanding signed this week, though yet to be made public, extends a tenuous ceasefire announced in April by another 60 days to allow the ‌warring countries to negotiate a permanent truce.