A tentative ceasefire deal has been reached between the United States and Iran, US officials said on Thursday, though it is pending President Donald Trump’s approval.
The Memorandum of Understanding aims to extend the ceasefire for 60 days, reopen the Strait of Hormuz, and begin negotiations on Iran's nuclear program.
Under the proposal, both sides will sign the memorandum, allowing a 60-day ceasefire that could be extended if needed on a mutual basis.
Iran would agree to remove all mines from the Strait within 30 days, and the US would lift its blockade from Hormuz if commercial traffic resumes.
The US would also issue some sanctions waivers to allow Iran to sell oil freely, and Iran would commit not to pursue a nuclear weapon.
The deal would also include a plan to help Iran start getting goods and humanitarian aid, and end the war between Israel and Hezbollah in Lebanon.
US officials told Axios that a deal could be announced by Sunday, though it has not been finalized and could fall apart.
