A tentative US-Iran accord would extend the ceasefire by 60 days and reopen negotiations over Iran’s nuclear program, according to a US source and earlier Axios reporting.
Fighting had resumed in recent days around the Strait of Hormuz, raising pressure for an interim deal as Israel intensified its invasion of Lebanon and bombing raids there.
Iran has not publicly confirmed the proposal, and President Donald Trump still has not signed off on it despite reports that negotiators already reached a memorandum.
The reported framework would keep peace talks alive while trying to contain a wider regional escalation centered on Hormuz shipping and the Lebanon front.
Is the reported U.S.-Iran truce a path to peace or a strategic pause before a larger conflict?
After 70 years of conflict and coups, can any deal truly overcome the deep mistrust between the U.S. and Iran?
How would reopening the world's top oil chokepoint reshape the global economy and the fight against inflation?
The 60-Day U.S.-Iran MOU: Ceasefire Fragility, Nuclear Stakes, and Global Energy Impacts in 2026
Overview
The report highlights a fragile U.S.-brokered ceasefire in Lebanon that has been repeatedly tested by escalating military exchanges between Israel and Hezbollah, including drone attacks and evacuation warnings. These violations have prompted Israel to intensify its operations, while Iran continues to support Hezbollah and has itself violated a ceasefire with Kuwait. Amid these tensions, the U.S. and Iran are negotiating a 60-day framework to extend the ceasefire and reopen the Strait of Hormuz, but approval from senior leaders is still pending. The situation remains unstable, with ongoing conflict threatening regional security and global energy markets.