28/05/2026
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28/05/2026
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WASHINGTON, May 28: The United States and Iran have reportedly reached a draft 60-day memorandum of understanding aimed at extending the ceasefire and launching negotiations on Tehran’s nuclear program, though the agreement is still awaiting final approval from US President Donald Trump.
According to a report by Axios, citing US officials and a regional source involved in mediation efforts, negotiators finalized most terms of the proposed agreement earlier this week. Iranian negotiators reportedly informed mediators that they had secured the necessary approvals and were ready to sign, although Tehran has not publicly confirmed the claim.
One US official told Axios that Trump had been briefed on the proposed deal and informed mediators that he wanted “a couple of days” to consider it before making a final decision.
Under the draft agreement, commercial shipping through the Strait of Hormuz would be guaranteed unrestricted passage, while Iran would be required to remove naval mines from the strategic waterway within 30 days. The arrangement is also said to include commitments by Iran not to pursue a nuclear weapon and provisions for talks on its stockpile of highly enriched uranium and enrichment activities.
In return, the United States would agree to discuss sanctions relief, the release of frozen Iranian assets, and mechanisms to facilitate humanitarian aid deliveries to Iran.
US warns Oman over Hormuz toll system
Meanwhile, US Treasury Secretary Scott Bessent warned that Washington would aggressively target any entities involved in facilitating toll payments for passage through the Strait of Hormuz.
In a statement posted on X, Bessent said companies or governments supporting such a system could face penalties, signaling continued US opposition to any fees imposed on maritime traffic through the critical shipping route.
The reported agreement comes amid ongoing diplomatic efforts to stabilize the region and prevent a return to broader conflict following months of heightened tensions and disruptions in the Gulf.
