Axios says proposed US-Iran deal involves opening strait during 60-day ceasefire extension
May 23 (Reuters) - The U.S. and Iran are close to signing a deal involving a 60-day ceasefire extension, during which the Strait of Hormuz would be reopened, Iran would 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.
