Axios Report: U.S., Iran and Oman nearing interim Hormuz agreement.

Key points:

• The U.S. hopes to announce the deal on Wednesday.

• The agreement would restore the U.S. Iran ceasefire and restart nuclear talks.

• The proposed arrangement would last 60 days, with an option to extend.

• Inbound shipping would transit through Iranian waters.

• Outbound shipping would use Omani waters, coordinated with Iran.

• No transit fees would be charged during the temporary arrangement.

• Naval mines would be cleared from the central shipping lane within 30 days.

• The central lane would later handle two way traffic under a permanent Oman Iran agreement.