US President Donald Trump said on Monday that an agreement with Iran had been signed electronically and that the text of the deal would be released after a formal signing on Friday, adding that the Strait of Hormuz would be fully opened.

Iranian Foreign Minister Seyed Abbas Araghchi said the negotiations on a final agreement were scheduled to take place within a 60-day period, which could be extended, stressing that Iran's nuclear program and the removal of sanctions would be discussed during the 60-day negotiations.