New York Post reports this is the closest the US and Iran have yet come to finalizing a memorandum of understanding.

Chevron (CVX.N) CEO Mike Wirth said several vessels transiting the Strait of Hormuz were attacked this week, underscoring that risks to shipowners in the Persian Gulf remain "very real" regardless of whether a peace deal is signed. He said the area experienced "impulsive" military activity—some incidents reported, others not—and confirmed multiple underway ships were struck; such attacks are not daily but have occurred several times this week.

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