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U.S. and Iran Reach Framework for 60-Day Ceasefire Extension

Negotiators reach a 60-day memorandum of understanding to extend the truce and address nuclear stockpiles as military tensions persist in the Gulf.

May 29, 2026 at 11:00 AM

U.S. and Iranian negotiators have reportedly finalized a 60-day ceasefire framework intended to stabilize the region and facilitate a new round of nuclear negotiations. Vice President JD Vance confirmed that the Trump administration is nearing a deal, which hinges on Iran’s commitment to remove mines from the Strait of Hormuz and allow unrestricted maritime traffic. In exchange, the United States would move to lift its naval blockade and potentially ease maritime sanctions. Despite the progress on the diplomatic track, military tensions remain high. Iranian Revolutionary Guards-linked sources claim to have downed a U.S. MQ-9 drone and forced back an F-35 fighter jet and an RQ-4 surveillance drone. These claims have not been independently verified by U.S. defense officials. The broader conflict continues to see proxy violations and regional friction near Kuwait, suggesting that any ceasefire remains fragile as both sides weigh the technical requirements of nuclear stockpile limits. President Trump has maintained specific conditions for any permanent agreement, including the total verified abandonment of Iran's path to a nuclear weapon. While the 60-day memorandum represents a significant shift toward a technical resolution, the White House has yet to provide the final sign-off, and Tehran has not yet formally confirmed its acceptance of the terms.

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