President Trump announced that he canceled planned strikes against Iran on Thursday and claimed Iran's leadership "approved" a draft agreement that would extend the ceasefire, reopen the Strait of Hormuz and launch 60 days of negotiations on Iran's nuclear program. (snip)The sources said the gaps were narrowed on three key issues: The mechanism for releasing Iran's frozen assets — the most important issue for the Iranians.Arrangements for reopening the Strait of Hormuz during the 60-day ceasefire period.How negotiations over Iran's nuclear program would be conducted during the 60-day ceasefire period.