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

2026-05-28

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.