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U.S. and Iran Signal Potential 60-Day Ceasefire and Nuclear Negotiations

Negotiators draft 60-day ceasefire extension to facilitate nuclear talks amid ongoing maritime friction and new U.S. sanctions.

May 29, 2026 at 12:30 AM

U.S. and Iranian negotiators have reportedly reached a preliminary understanding on a 60-day memorandum of understanding (MoU) aimed at extending the current ceasefire and opening formal negotiations regarding Iran’s nuclear program. Under the draft terms, Iran would be required to remove mines from the Strait of Hormuz and cease the harassment of commercial vessels. In return, the United States would end its blockade of Iranian ports once safe shipping resumes. While the deal currently awaits formal approval from President Trump, diplomatic channels facilitated by Oman remain active in managing the crisis. Despite the diplomatic opening, military friction persists in the Persian Gulf. The U.S. Treasury Department recently imposed sanctions on the Iran Persian Gulf Strait Authority as part of Washington's effort to maintain open sea lanes. Iranian state media reported that the IRGC Navy fired warning shots at four vessels near the Strait of Hormuz for failing to coordinate their passage. Additionally, Iranian sources claimed U.S. forces fired at a "scorched area" near Bandar Abbas, though no casualties were reported. Iranian state media also claimed that the IRGC struck a base used by U.S. forces in retaliation for recent American actions near the strait. These military claims, including the strike on the U.S.-linked base, have not been independently verified by U.S. officials. The Iranian Foreign Ministry has criticized the Trump administration's posture, describing recent U.S. rhetoric toward regional mediators as a "normalization of lawlessness."

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