Iran's Deputy Foreign Minister, Kazem Gharibadadi, stated that the US is ready to return to commitments, despite President Donald Trump indicating a deal is imminent. This follows a memorandum of understanding signed between the U.S. and Iran in June, which allowed commercial vessels to transit the Strait of Hormuz without charge for 60 days and in return, Washington had committed to lifting its naval blockade of Iranian ships. However, Gharbadadi denied that negotiations were ongoing with the U., stating that no negotiations have taken place during this period. On Tuesday, Axios reported that the U,.S., Iran and Oman were close to an interim agreement to reopen the Strait Hormoz, with Washington aiming for a Wednesday announcement.