The United States and Iran are nearing an agreement that would reopen the Strait of Hormuz, according to senior officials cited by multiple outlets. The talks are described as being close to signing, with the potential timing for an announcement or signing discussed as occurring around the period of the Group of Seven meeting next week. Bloomberg reports that officials indicate the agreement could be reached as soon as Sunday, ahead of the G7 gathering. The South China Morning Post similarly says the two sides are inching toward a deal to reopen the strait, with a possible signing on the sidelines of the G7 summit. The reporting does not detail the full terms of the proposed arrangement, but it frames the effort as a diplomatic step focused on restoring shipping access through the strategic waterway. The G7 summit is scheduled for June 15 to June 17 in Evian in the French Alps, with Geneva nearby and discussed as an additional possible location for talks or related steps. Across the reports, officials characterize progress as ongoing and imminent, but the agreement is not confirmed as finalized in the coverage.