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US and Iran reach ceasefire extension deal pending Trump's final approval: Report

The proposed deal would reopen Strait of Hormuz shipping and launch nuclear talks, while Iran would pledge not to seek a nuclear weapon.

  • U.S. and Iranian negotiators have finalized a tentative 60-day ceasefire extension and a formal framework to launch negotiations over Tehran's nuclear program.
  • The landmark memorandum of understanding is currently awaiting final sign-off from Donald Trump, after U.S. officials briefed the president on Wednesday and he requested "a couple of days to think about it."
  • Under the proposed terms, the Strait of Hormuz would return to "unrestricted" commercial shipping within 30 days, requiring Iran to remove all maritime mines and refrain from imposing transit tolls or harassing international vessels.
  • In exchange, the United States would gradually lift its naval blockade on Iranian ports and grant Tehran access to as much as $12 billion in frozen foreign assets. The 60-day negotiation window will prioritize capping Iran's nuclear capabilities, including a time-limited suspension of uranium enrichment, specialized International Atomic Energy Agency supervision, and an explicit Iranian commitment to renounce nuclear weapons.
  • The regional scope of the agreement faces heavy international resistance, particularly from Israel, as the current framework defers permanent Iranian nuclear commitments and requires the broader, ongoing ceasefire to include operations in Lebanon.
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According to a report by the US media Axios, American and Iranian negotiators have agreed on a "memorandum of understanding". ... The post USA and Iran agree on negotiating frameworks and continuation of the ceasefire – Trump must still agree appeared first on Apollo News.

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Reuters broke the news in United Kingdom on Thursday, May 28, 2026.
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