Trump says Iran peace deal is near ‘finalization’ — here’s how it would reopen the Strait of Hormuz and deal with the nuclear issue

President Trump claims a near-finalized Iran peace deal would reopen the Strait of Hormuz without tolls, establish a 60-day cease-fire, and initiate negotiations on Iran's nuclear program. The deal is described as a Memorandum of Understanding between the U.S. and Iran.