Washington and Tehran have reportedly agreed on a ceasefire that includes free navigation in the Strait of Hormuz, according to infohub.kz.
Citing sources in Pakistani military circles and Iran's security agencies, an official announcement of the truce could come in the coming days. Following that, the parties plan to hold negotiations and several rounds of technical consultations.
US and Iranian authorities have not yet publicly confirmed the agreement.
Earlier, Oman's Foreign Minister Badr al-Busaidi reported progress in talks with the Iranian side. He expressed hope that a temporary corridor for the safe passage of ships through the Strait of Hormuz would be announced soon. The parties intend to find a permanent solution to the issue in the future.
In mid-June, the US and Iran signed a memorandum that was supposed to launch the process of preparing a peace agreement. A few weeks later, the situation escalated again. Washington accused Tehran of attacks on commercial vessels in the Strait of Hormuz, after which the parties resumed exchanging strikes.
In recent weeks, mediators in the Middle East have been trying to help the US and Iran agree on the terms of a new deal. US President Donald Trump has previously stated that Washington continues talks with Tehran while increasing economic pressure on the Islamic Republic.
The American leader also announced the start of an economic operation against Iran and called on allies to join in isolating the country. Iran's Foreign Minister Abbas Araghchi called Trump's statement an attempt to divert attention from US domestic problems.