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U.S. and Iran Sign Preliminary Memorandum to Extend Ceasefire

The Trump administration and Tehran agree to a 60-day ceasefire extension and a framework for nuclear negotiations in Switzerland.

June 18, 2026 at 6:30 AM

President Donald Trump and the Iranian Foreign Ministry have confirmed the signing of an initial memorandum intended to de-escalate regional hostilities. The agreement establishes a 60-day extension of the current ceasefire and sets a framework for reopening the Strait of Hormuz. While not a final peace treaty, the memorandum serves as a precursor to formal high-level negotiations in Switzerland regarding Iran's nuclear program and the potential relief of economic sanctions. Vice President JD Vance is slated to represent the United States at the upcoming Swiss summit. Despite the diplomatic breakthrough, regional tensions remain high. Reports indicate that Israeli Prime Minister Benjamin Netanyahu is opposed to the memorandum and does not intend to pause military operations in southern Lebanon. Concurrent with the diplomatic announcement, Iran reported a 'second strike' on the Bushehr nuclear facility, characterizing the site as a civilian utility and warning of the risks to population centers in the Gulf. Heavy exchanges of fire between Israel and Hezbollah continue, complicating the memorandum's call for a cessation of military operations on all fronts.

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