Iran will reopen the Strait of Hormuz and can sell oil freely under deal with the US, officials say

Iran will reopen the Strait of Hormuz and resume unrestricted oil sales under a tentative U.S.-Iran deal, pending a final agreement on Iran’s nuclear program. The deal, set to be signed in Switzerland, includes $300 billion for Iran’s post-war rebuilding and the potential removal of U.S. and U.N. sanctions if a nuclear accord is reached. The agreement halts the U.S.-Israel-Iran war and restarts nuclear negotiations, but faces opposition in Washington and is seen as a setback for Israeli Prime Minister Benjamin Netanyahu.