U.S. and Iranian negotiators have reached an agreement on a 60-day memorandum of understanding (MOU) aimed at extending the ceasefire and initiating discussions regarding Iran's nuclear program. This agreement is pending final approval from President Trump, according to two U.S. officials. The MOU, if signed, would represent a significant diplomatic breakthrough since the onset of the conflict, although further negotiations would be necessary to address Trump's nuclear demands.
U.S. officials reported that the terms of the deal were largely agreed upon as of Tuesday, but both parties require approval from senior leadership. The Iranian side has indicated they have the necessary approvals and are ready to sign, although this has not been confirmed by Iran. President Trump has been briefed on the deal's details and requested a few days to consider it.
The MOU stipulates that shipping through the Strait of Hormuz will be unrestricted, meaning no tolls or harassment, and Iran is expected to remove all mines from the strait within 30 days. Additionally, the U.S. naval blockade will be lifted in proportion to the restoration of commercial shipping. The agreement includes Iran's commitment not to pursue nuclear weapons and outlines initial negotiation topics, such as the disposal of highly enriched uranium and Iranian enrichment activities. The U.S. will also discuss sanctions relief and the release of frozen Iranian funds as part of the negotiations, along with mechanisms to facilitate the receipt of goods and humanitarian aid by Iran.