What happened
U.S. and Iranian negotiators on Thursday reached a tentative agreement to reopen the Strait of Hormuz and extend the ceasefire for another 60 days while thornier issues like Iran’s nuclear program and U.S. sanctions are hashed out, U.S. officials said. “We’re not there yet, but we’re very close,” Vice President JD Vance told reporters, adding that it’s “still TBD” if and when President Donald Trump “can endorse the agreement.” Tehran did not comment.
Who said what
The “emerging memorandum of understanding came as the fragile ceasefire” appeared to be “wavering,” The Associated Press said. Several “brief exchanges of fire” this week have added “pressure on negotiators,” The New York Times said. Meanwhile, Trump’s “seemingly haphazard approach to the conflict is bewildering allies” as he “veers between diplomatic dealing, military strikes and increasingly far-fetched ideas” to clinch some sort of victory.
Trump “finds himself in a bind,” Reuters said, as he “seeks to end the war” and secure a “quick solution to high gas prices” while avoiding a “potential backlash from Iran hawks” over “any concessions to Tehran.” Those “competing demands” leave him “little room to maneuver.”
What next?
Trump was “leaning toward signing off on the deal” as of Thursday afternoon, Axios said, citing senior U.S. officials. But he “wants to wait another few days” to “make sure Iranian officials would sign” and to “see how the domestic political debate around the deal plays out.” In Iran, officials “said Tehran is concerned Trump will scuttle the deal under Israeli influence,” The Wall Street Journal reported.
The ceasefire could be extended for another two months