Brief by Shorts91 Newsdesk / 06:01pm on 27 May 2026,Wednesday International
Iranian state media has claimed that Tehran and Washington are discussing a draft framework agreement that could reopen commercial shipping through the Strait of Hormuz and reduce US military presence near Iran. The reported proposal includes lifting the US naval blockade and restoring trade routes within a month if both sides agree on final terms. However, the White House dismissed the reports as a “complete fabrication,” saying no such agreement exists. The developments come amid ongoing regional tensions, recent US-Iran clashes, and fears of disruption to global oil supplies, with oil prices falling sharply after the reports emerged. (PC: Reuters)
