Get you up to speed: U.S., Iran trade strikes amid peace talks
U.S. sources confirmed a tentative memorandum of understanding for a 60-day ceasefire and the reopening of the Strait of Hormuz. The agreement is pending approval from President Trump and Iranian leadership.
A tentative memorandum of understanding includes provisions for both a 60-day ceasefire and the reopening of the Strait of Hormuz. Approval from President Trump and Iranian leadership is pending, with no specified timeline for when a decision will be made.
U.S. sources have indicated that the tentative memorandum of understanding will require formal approval from both President Trump and the Iranian leadership before being enacted. Should approval be granted, the ceasefire and reopening of the Strait of Hormuz will take effect within 60 days, marking a significant shift in regional dynamics.
What remains unclear — It is not specified when the approvals from President Trump and the Iranian leadership are expected.
U.S. and Iran exchange strikes during ongoing ceasefire negotiations
U.S. sources confirmed Thursday that a tentative memorandum of understanding for a 60-day ceasefire and the reopening of the Strait of Hormuz has been reached. It is now awaiting the approval of both President Trump and Iranian leadership. Imtiaz Tyab has more details.

