The U.S. and Iran are discussing a potential deal that would involve a ceasefire in exchange for Iran reopening the Strait of Hormuz, three U.S. officials tell Axios.
The big picture: The officials did not say whether those discussions had taken place directly or only through mediators, and they cautioned that it was unclear whether a deal could be reached. But the officials said President Trump was discussing the possibility with officials inside and outside the administration.
