US and Iranian negotiators have reportedly reached an agreement on a 60-day memorandum of understanding aimed at extending the ceasefire and launching negotiations over Iran’s nuclear programme.
According to Axios, President Donald Trump has not yet given final approval, while Iran has also not publicly confirmed its acceptance of the proposed agreement.
US officials described the memorandum as a major diplomatic breakthrough following months of conflict and tensions in the region.
“This is an agreement to get everybody to the table. We will work out the details in the negotiations,” one US official said.
Trump reviewing final terms
US officials said most terms had been agreed by Tuesday, but approval from senior leadership on both sides remained necessary.
According to the report, Iranian negotiators later informed mediators that they had secured the required approvals and were ready to sign the memorandum.
Trump was briefed on the details but requested additional time before making a final decision.
“The president relayed to the mediators that he wants a couple of days to think about it,” a US official said.
Key points of the agreement
The proposed 60-day memorandum would guarantee unrestricted shipping through the Strait of Hormuz, including the removal of Iranian mines from the waterway within 30 days.
US officials also said the American naval blockade would gradually lift in line with the restoration of commercial shipping activity. Washington would reportedly issue sanctions waivers allowing Iran to resume oil exports more freely.
The memorandum would include an Iranian commitment not to pursue nuclear weapons. Initial negotiations would focus on Iran’s highly enriched uranium stockpile and future enrichment activities.
The United States would also discuss sanctions relief and the release of frozen Iranian funds during the talks.
Regional tensions remain high
The proposed agreement also includes provisions linked to regional stability, including discussions surrounding the war between Israel and Hezbollah in Lebanon.
Despite progress in negotiations, tensions remain high in the Gulf region. US and Iranian forces reportedly engaged in two separate skirmishes in the Strait of Hormuz within the past 48 hours.
US officials stressed there would be no secret clauses or side agreements tied to sanctions relief.
“The more the Iranians are willing to give, the more they will get,” one official said.
Officials added that if negotiations fail to deliver meaningful progress on the nuclear issue, Trump would still retain “all options on the table”, including economic and military measures.
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