US-Iran 60-day proposal: What we know
The United States and Iran have reportedly reached a preliminary 60-day memorandum of understanding (MOU) to extend a ceasefire and begin negotiations for a permanent end to their conflict. The proposed agreement, which requires President Trump's approval, reportedly covers unrestricted shipping through the Strait of Hormuz, with Iran to remove mines and the US to lift sanctions proportionally to restored commercial shipping. The MOU also includes Iran's commitment not to pursue nuclear weapons, with discussions on its enriched uranium program to be a priority in upcoming peace talks. While neither country has officially commented, reports indicate the text is not yet finalized.