Iran said it temporarily closed the Strait of Hormuz, the narrow mouth of the Persian Gulf, as it conducted live fire exercises in the vital waterway, through which 20% of the world’s oil passes.

Iran and the United States reached an understanding on Tuesday on main "guiding principles" in talks aimed at resolving their longstanding nuclear dispute, but that does not mean a deal is imminent, I...

According to Araghchi, Reuters said, the initial meetings resulted in “an understanding on main principles” between the US and Iran.