Overview
- Negotiators say they have a near‑final memorandum to extend the ceasefire for 60 days and to open negotiations on Iran’s nuclear program, but both sides still need formal sign‑off in Washington and Tehran.
- Draft terms reported by U.S. officials would reopen the Strait of Hormuz to unrestricted transit and require Iran to remove maritime mines within 30 days, a point Tehran publicly disputes by asserting continued control over the waterway.
- A central sticking point is Iran’s roughly 440 kilograms of highly enriched uranium, with proposals ranging from IAEA custody to transfer to third countries and firm Iranian resistance to moving the material abroad.
- President Trump has asked for additional time to consider the text after a White House Situation Room meeting, Vice President JD Vance said negotiators made progress, and Pakistan is acting as the principal mediator between the parties.
- Violence has continued during talks, including a reported Iranian ballistic missile strike on the U.S. base at Ali Al Salem in Kuwait that injured personnel and damaged MQ‑9 drones, and maritime threat warnings remain at elevated levels with clear risks of renewed escalation and economic impact if the memorandum fails.