Reports suggest the United States and Iran may be moving closer to a major diplomatic breakthrough, as officials from both sides are said to have reached a preliminary agreement aimed at extending the current ceasefire and restarting negotiations over Iran’s nuclear program. The proposed deal is reportedly awaiting final approval from U.S. President Donald Trump.
According to multiple sources, the draft agreement could include a 60-day memorandum of understanding focused on reducing regional tensions. Key points reportedly involve guaranteeing safe commercial shipping through the Strait of Hormuz, easing certain U.S. naval restrictions around Iranian ports, and Iran reaffirming that it will not pursue nuclear weapons.
Financial markets reacted quickly to the reports. U.S. stocks moved higher while oil prices retreated after investors viewed the development as a possible step toward stability in the Middle East.
Iranian media also claimed the proposal may allow commercial traffic in the Strait of Hormuz to gradually return to normal levels, potentially under joint coordination involving Oman. However, President Trump later downplayed suggestions that any country would gain control over the strategic waterway.
Despite optimism surrounding the talks, tensions remain high. U.S. Central Command reported that Iranian forces launched missiles and drones near the Gulf region, though they were intercepted successfully. Iranian state media, meanwhile, said its military had responded to unauthorized vessels attempting to pass through the strait without supervision.
The conflict between Washington, Israel, and Tehran has continued since military operations escalated earlier this year. While ceasefire discussions remain active, recent military activity shows that the situation in the Middle East is still highly fragile.
Regional instability has also continued in southern Lebanon, where clashes involving Israeli forces and Hezbollah fighters remain ongoing.