US, Iran in talks of ceasefire deal in return for Hormuz reopening: Report

US and Iran are involved in talks about a ceasefire deal in exchange for Iran reopening Strait of Hormuz, as per a report. It also stated that US President Donald Trump spoke about a possible ceasefire with Saudi Crown Prince Mohammed bin Salman. Notably, Trump claimed Iran wants ceasefire and said it would only happen when Hormuz is "open".