A map showing the Strait of Hormuz and a 3D printed oil pipeline are seen in this illustration taken March 23, 2026. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab LONDON, May 29 (Reuters Breakingviews) - The U.S. and Iran are close to striking a deal, it seems. Reuters reported on Thursday, citing four sources familiar with the matter, that the two sides could extend a ceasefire by 60 days and lift restrictions on the Strait of Hormuz.