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US dollar49.92EGPEuro57.26EGPBritish pound66.01EGPSaudi riyal13.31EGPUAE dirham13.59EGPKuwaiti dinar162.03EGPJordanian dinar70.41EGPQatari riyal13.71EGPTurkish lira1.07EGPChinese yuan7.36EGPGold 246,648.77EGP/gGold 215,817.67EGP/gGold 184,986.57EGP/gSilver102.90EGP/g

Middle East

Proposed US-Iran deal involves opening strait during 60-day ceasefire extension

By rivo_admin · May 24, 2026 · 1 min read

May 23 (Reuters) – The U.S. and Iran areclose to signing a dealinvolving a 60-day ceasefire extension, during which the Strait of Hormuz would be reopened,Iranwould be able to freely sell oil and negotiations would be held on curbing Iran’s nuclear program, Axios reported on Saturday, citing a U.S. official.

According to the Axios report, during the 60-day period, the Strait of Hormuz would be open with no tolls and Iran would agree to clear the mines it deployed in the strait to let ships pass freely.

المصدر: Al-Monitor

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