Donald Trump has yet to approve a deal that could reshape the Iran-US conflict. Reports suggest a tentative ceasefire extension agreement awaits presidential approval amid ongoing regional tensions.
US and Iran reach an agreement to extend ceasefire, claims report
The United States and Iran reached an agreement to extend their ceasefire for another 60 days, Reuters reported. The deal would also lift restrictions on shipping through the Strait of Hormuz. However, U.S. President Donald Trump has not yet approved the proposed agreement.
Four sources familiar with the matter confirmed the agreement would allow traffic through the strategic waterway. Negotiators would then tackle difficult issues, including Iran’s nuclear program. Iran’s Tasnim news agency stated the text had not been finalized or confirmed.
U.S. Vice President JD Vance addressed reporters about the ongoing negotiations in Washington. “We’re not there yet, but we’re very close and we’re going to keep on working at it,” Vance said. He added, “I can’t guarantee that we’re going to get there, but right now I feel pretty good about it.”
The deal would specify unrestricted shipping through the strait and require the U.S. to lift its port blockade. Washington would also ease some sanctions on Iranian oil sales. Oil prices fell on hopes of a potential reopening of the critical waterway.
Earlier, U.S. Central Command shot down five Iranian attack drones near Bandar Abbas. Kuwaiti forces then intercepted a ballistic missile fired towards the country. The Islamic Revolutionary Guard Corps warned that any repeat attack would lead to a “more decisive response.”
The Trump administration has several times claimed a deal was close, only to have Iran dispute those assertions. Tehran has called for sanctions relief, unfrozen assets, and U.S. military withdrawal from the region. Washington has demanded that Iran dismantle its nuclear program.
Meanwhile, the U.S. warned Oman against involvement in any effort to impose tolls in the strait. Treasury Secretary Scott Bessent said Oman’s ambassador confirmed no such plans existed. The conflict has killed thousands and significantly disrupted global energy markets since February.
Originally reported by Vritti Johar on Mandatory.com.
