Two U.S. officials told Axios negotiators have agreed on a 60-day memorandum of
understanding to extend a ceasefire and open talks on Iran’s nuclear program,
but the pact requires Trump’s final approval. The MoU would declare shipping
through the Strait of Hormuz "unrestricted"—no transit fees or harassment—and
require Iran to clear all SEA MINES from the strait within 30 days. Officials
described signing the MoU as the most significant diplomatic breakthrough since
the war began, while noting a final deal to meet Trump’s nuclear demands would
need further intensive negotiations.