The US and Iran have reached a tentative agreement to extend the ceasefire in the war by 60 days, but President Donald Trump has yet to approve it, according to sources familiar with the matter.
Among the first issues to be negotiated during the 60-day window is what will happen to Iran’s highly enriched uranium, a US official said. Details of the pact were first reported by the US news outlet Axios.
The memorandum makes clear that Iran will not be able to impose tolls on the Strait of Hormuz and that Iran will have to remove all mines from the vital waterway within 30 days, according to the US official, who was not authorised to comment publicly and spoke on condition of anonymity.
The US, meanwhile, would gradually lift its naval blockade on the strait, the conduit for about a fifth of all traded oil and natural gas before the war. Its closure has sent oil prices skyrocketing, driving up fuel prices around the world.
A second US official, who also spoke on condition of anonymity to discuss the private diplomacy, said the broad outlines of an agreement have been reached but stressed that until Trump signs off on it, there is no deal.
Reuters
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