What is the current status of the US-Iran agreement regarding the Strait of Hormuz, and what form is it expected to take?

According to senior officials cited in the article, the US and Iran are 'edging closer' to signing an agreement to reopen the Strait of Hormuz ahead of the G7 summit in Evian (June 15–17), with Geneva floated as a potential signing location as soon as Sunday; however, a G7 official stated the agreement will 'likely take the form of a memorandum of understanding, rather than a final deal', and an Iranian foreign ministry spokesman explicitly confirmed 'we have not yet reached a conclusion on this matter.'

What are the key conditions reportedly included in the US-Iran truce extension and maritime agreement, and what is the status of its approval by Iran’s Supreme Leader?

The agreement reportedly includes extending the US-Iran truce by 60 days, Tehran reopening the Strait of Hormuz, and Washington ending its blockade of Iranian ports — terms Trump claimed were 'all but done' after scrapping imminent air strikes; however, it remains 'unclear if it’s been signed off by Supreme Leader Mojtaba Khamenei', who holds final authority on major foreign policy and military decisions and has been 'in hiding since the war erupted with US and Israeli strikes on Iran in late February.'