US nears 60-day ceasefire with Iran, but Trump needs to bless deal U.S. and Iranian negotiators have agreed to a two-month ceasefire extension and will begin talks on Iran’s nuclear program. President Trump is considering the agreement, which includes unrestricted commerce through the Strait of Hormuz. Trump also desires the Abraham Accords to be part of the broader deal and opposes China or Russia handling Iran’s enriched uranium removal.

• U.S. and Iranian negotiators agreed to a two-month ceasefire extension.
• Substantive negotiations on Iran’s nuclear program will commence.
• The deal allows for “unrestricted” commerce through the Strait of Hormuz.
• President Trump is currently mulling the final agreement and requested a few days to think about it.
• Trump expressed confidence a deal could be made within one to two weeks.
• Trump wants Arab Gulf nations to sign onto the Abraham Accords as part of the broader deal.
• Trump is uncomfortable with China and Russia handling the removal of Iran’s enriched uranium.