foreign-policy
US and Iran reach tentative ceasefire extension deal, awaiting Trump approval
US and Iranian negotiators reached a tentative 60-day memorandum of understanding to extend the current ceasefire and reopen the Strait of Hormuz, with provisions for future nuclear talks. Vice President Vance confirmed the sides are "very close" but "not there yet," while President Trump's final approval remains pending. The deal emerged as both countries continued exchanging strikes, with Iran targeting a US base after American strikes on Iranian positions.
May 27Iran launched ballistic missile toward Kuwait, intercepted by Kuwaiti forces
May 28US struck Iranian targets; Iran retaliated against American base
May 28Tentative 60-day memorandum of understanding reached between negotiators
May 29Vance confirms sides are "very close" but deal still requires Trump approval
Why It Matters
A three-month ceasefire hangs on Trump's decision, while the Strait of Hormuz shipping lane remains gridlocked. American forces remain under fire in the region, and any breakdown in negotiations could escalate military confrontation between the two countries and further disrupt global oil supplies through one of the world's most important waterways.
What's Next
Confidencemoderate
Agreementbroad