Deal to reopen Hormuz nears as Iran seeks frozen funds, sanctions relief
The US will release frozen Iranian funds to finance imports of basic goods that will ease Iran's humanitarian situation. The Americans are willing to ease the naval blockade, but only if they receive guarantees that agreements reached by the Iranian political echelon will not be canceled by the Revolutionary Guards. One issue remains unresolved: the payment Iran is demanding from ships that pass through the strait.
Read moreDetails
































































