The US and Iran have reached a deal to extend their ceasefire by 60 days, but need President Trump’s final approval, per Axios.
Details include:
1. The 60-day period will launch negotiations on Iran’s nuclear program
2. US negotiators briefed Trump on the details of the final deal and he asked to “take a few days to think about it”
3. The 60-day Memorandum of Understanding will state that Shipping through the Strait of Hormuz will be “unrestricted”
4. US officials said the deal terms were mostly agreed, but both sides still needed to get approval from senior leadership
US markets hit fresh record highs on the news.
