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US and Iran have reportedly agreed on a preliminary 60-day ceasefire framework focused on the Strait of Hormuz and nuclear talks, but President Donald Trump has not approved it yet.

Iran has said it no longer trusts written guarantees from the US, with senior adviser Ali Akbar Velayati calling the Strait of Hormuz Tehran's 'real guarantee' against foreign pressure.

Signalling a firm yet expectant stance on the ongoing geopolitical standoff in West Asia, US President Donald Trump has asserted that Tehran remains under immense pressure to negotiate a diplomatic settlement with Washington.

The proposed US-Iran MoU covers everything from reopening the Strait of Hormuz to sanctions relief and nuclear negotiations.

Iranian forces reportedly fired warning missiles at four vessels attempting to cross the Strait of Hormuz without prior coordination.

Iranian media also reported increased military activity near the Strait of Hormuz, one of the world's most critical oil shipping routes.

Washington and Tehran extend ceasefire and move towards easing Strait of Hormuz shipping curbs as Donald Trump reviews the proposed agreement between the two sides

US forces shot down four Iranian one-way attack drones near the Strait of Hormuz and later struck a drone control site in Bandar Abbas. Meanwhile, the Islamic Revolutionary Guard Corps claimed it hit a US airbase and warned of stronger retaliation if the US continues its operations.

US media reported that American and Iranian negotiators have agreed to resume nuclear talks and allow shipping in the Strait of Hormuz. Meanwhile, Israel has launched strikes across Lebanon.

US forces shot down Iranian drones near the Strait of Hormuz as fresh clashes threatened fragile ceasefire talks with Tehran.