US-Iran peace deal: Sherwin Bryce-Pease shares more

The United States and Iran have agreed to a Pakistan-mediated preliminary deal that is now expected to reopen the Strait of Hormuz but defers more intractable issues to further rounds of talks.

U.S. President Donald Trump said the Strait would be open without any tolls being charged and the U.S naval blockade would be removed. Trump said the deal would be signed on Friday and the oil price has plummeted on the news.

For more we speak to Correspondent Sherwin Bryce-Pease, joining us from New York.

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