U.S. and Iran Negotiators Reach Tentative Deal to Extend Ceasefire and Begin Nuclear Talks

U.S. and Iranian negotiators have reportedly established a memorandum of understanding for a 60-day ceasefire extension, intended to serve as a window for formal nuclear negotiations. The draft agreement reportedly requires Iran to remove mines from the Strait of Hormuz within 30 days, while the United States would gradually ease its naval blockade. However, the deal remains tentative; U.S. officials emphasize that no agreement is final until President Trump provides official approval, and Tehran has not yet publicly confirmed the terms. Parallel to these diplomatic efforts, the Trump administration has intensified economic pressure. The U.S. Treasury recently sanctioned eight vessels accused of transporting Iranian petroleum and announced plans to restrict Iranian airlines' landing rights and refueling services. Treasury Secretary Scott Bessent reiterated that any lasting deal depends on Iran abandoning its nuclear weapons path and ensuring free navigation in the Strait of Hormuz. The proposed nuclear talks are expected to focus on Iran’s stockpile of 440.9 kg of uranium enriched to 60%. While potential arrangements involve transferring this material to a third party such as China or Russia, Iran has not yet officially committed to surrendering its stockpile. Meanwhile, Iranian maritime forces continue to assert control over the Strait of Hormuz, requiring passing vessels to obtain permission as 26 ships crossed under Iranian coordination in the last 24 hours.