United States and Iran near preliminary deal on nuclear program

The United States and Iran are nearing a preliminary agreement on the nuclear program and future agreements on Tehran’s nuclear program and sanctions relief. The proposed agreement includes Iran’s commitment to a moratorium on uranium enrichment, the gradual lifting of U.S. sanctions, and the removal of restrictions on transit through the Strait of Hormuz. Failure to reach an agreement could lead to the US reinstating the blockade or resuming military action.