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US, Iran Reach Tentative Ceasefire Extension Deal

Negotiators from the United States and Iran have agreed on the framework of a proposal that would extend the current ceasefire for 60 days and open talks on the future of Iran’s nuclear programme, according to US officials.

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The proposed agreement has not yet been approved by President Donald Trump or Iran’s leadership, the officials told the BBC.

However, reports from Tehran suggested the arrangement was not yet settled. Iran’s semi-official Tasnim News Agency cited a source close to the negotiations who said the proposal had neither been finalised nor formally confirmed.

Ceasefire remains fragile

The developments come after several days of renewed tensions between the two countries, which have accused each other of violating the ceasefire.

Iran’s Islamic Revolutionary Guard Corps said it had targeted a US military base in the region following overnight American strikes on Iranian targets.

On Wednesday, Iranian state media published what it described as elements of an unofficial 14-point memorandum of understanding. The reported draft included provisions for lifting Washington’s naval blockade of Iranian ports, withdrawing US forces from areas near Iran, and restoring non-military shipping through the Strait of Hormuz under joint Iranian and Omani management.

The White House rejected the reported document, calling it a “complete fabrication”.

Shipping and sanctions at centre of talks

The Strait of Hormuz remains a key issue in the negotiations. Around one-fifth of global oil and liquefied natural gas supplies normally pass through the waterway, and recent disruptions have affected international energy markets.

Reports suggest the proposed deal would allow unrestricted commercial passage through the strait, while Iran would have 30 days to remove naval mines from the channel.

The agreement could also include US sanctions waivers enabling Iran to resume oil exports, alongside the lifting of the American naval blockade.

Progress uncertain despite optimism

Both governments had indicated last week that progress was being made towards an agreement, fuelling expectations of a breakthrough announcement.

Since the ceasefire began on 8 April, Trump has repeatedly said the two sides were nearing a deal. Yet previous rounds of diplomacy have failed to produce lasting agreements.

Negotiations held in Islamabad days after the ceasefire took effect ended without a substantive outcome.

Senior US officials, including Trump himself, have continued to warn that military action remains an option if talks collapse. Last week, Trump said he had come within an hour of authorising new strikes on Iran before deciding against it following appeals from US allies.

Speaking during a cabinet meeting on Wednesday, Trump said discussions were moving forward but described the Iranian proposal as “not there yet”.

Questions remain over whether Trump will ultimately approve the latest framework agreement.

Nuclear programme still unresolved

Any extension of the ceasefire would allow negotiators to move to more complex issues surrounding Iran’s nuclear programme, including the future of its remaining stockpile of highly enriched uranium.

Trump has previously suggested the uranium could either be removed by the US or diluted in Iran or a third country.

The news website Axios, which first reported the tentative agreement, said Trump had been briefed on the proposal but had not yet approved it and planned to consider it for several days.

Treasury Secretary Scott Bessent declined to confirm reports of an agreement during a White House briefing.

“It’s always a mistake to get out ahead of the president,” he said, adding that any final decision would rest with Trump.

Asked whether a future peace settlement could include reconstruction assistance for Iran, Bessent replied: “We’ve got to get to the deal before we get to the other side.”

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Adapted by ASEAN Now. Source 29 May 2026

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Wingate Gold Member

Wingate

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I had a chance to observe this ceasefire yesterday, as part of personal travel for a European vacation.

While flying over Dubai, I saw a US F-15 a few thousand feet below my aircraft moving east, which was directly at the Strait or to Bandar Abbas, though I did not see any subsequent flash from any explosion. Later, upon departing Doha, my plane sharply diverted from the Gulf over Saudi Arabia, and then up north of Israel and southern Beirut, then skirting Aleppo in Syria before entering Turkish airspace. I was puzzled by this diversion from the usual flight path up the Gulf and into/over Iraq, until I saw the news of Iran attacking US bases in Kuwait. This is all during the supposed ceasefire.

As for this MoU, it looks like a win for Iran and an attempt for Trump to save face. If the Strait is open again, that's just 27 February 2026, except with all the death and destruction in between. Also, an Ayatollah Khamenei still runs Iran. Iran claimed to commit years ago to no nuclear weapons, so if during this 60 day period they say that again, nothing has changed. Whatever veracity they had before, they would still have now. Neither is there any commitment to either rid themselves of their enriched U235 or dilute it. They apparently had agreed to dilute it back during the prewar negotiations, but Netanyahu got in the way of that and dragged his lapdog Trump along for the ride. Plus, according to the agency, Iran still has 70% of its prewar mobile missiles, and a greater % of its stored missiles that launch from fixed sites. So what has the US gotten for its $50 billion war?

A final concern is that the negotiations have brought nuclear Pakistan a lot closer to Iran, with statements made by Pakistan showing great sympathy for the lives lost in Iran and restating the strong connection between the two nations, which seems to have put the Sunni-Shi'a thing to one side and put the "khafirs" more in the crosshairs. If Iran wanted ready-made nukes and delivery capability---even only as part of a MAD strategy---this seems quite possible. Trump might have to do an Argentina ($40 billion in aid) with Pakistan to prevent any possibility of this.

I suspect as the reality of this 60 day supposed truce---likely to be similar to the ceasefire I observed yesterday---seeps out, with Iran holding the better hand, Trump will need a diversion. I bet on Trump's playlist right now is Camila Cabello singing "My Heart is in Havana".

Wuvu2 Gold Member

Wuvu2

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Wait a minute - I thought Trump only scheduled failed peace deal announcements on Sundays! This is very inconsiderate of his insider-trading circle of family and friends 🙄

CallumWK Diamond Member

CallumWK

Advanced Member
5 hours ago, webfact said:

Negotiators from the United States and Iran have agreed on the framework of a proposal that would extend the current ceasefire for 60 days and open talks on the future of Iran’s nuclear programme, according to US officials.

So they have agreed to something they both say they didn't agree?

There is that saying "let's agree to disagree".

5 hours ago, webfact said:

The proposed agreement has not yet been approved by President Donald Trump or Iran’s leadership, the officials told the BBC.

However, reports from Tehran suggested the arrangement was not yet settled. Iran’s semi-official Tasnim News Agency cited a source close to the negotiations who said the proposal had neither been finalised nor formally confirmed.

JJ-Thailand Silver Member

JJ-Thailand

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Trump will attack on Friday night and boast on Monday morning.

spidermike007 Star Member

spidermike007

Advanced Member

From another great essay in the New York Times about Trump's utter and absolute stupidity.

At the moment, the United States is negotiating with a regime that President Trump claimed we had already changed, to open a strait that was supposed to be open last month, and to end a nuclear program that we said we had obliterated.

We’re doing all that as news continues to emerge that the war wasn’t as one-sided as we were told. In the opening days and weeks of the war, administration officials repeatedly trumpeted an uninterrupted string of American military successes while remaining largely mum about the effectiveness of Iranian attacks. The United States had “embarrassed and humiliated” Iran, Pete Hegseth said.

We could fly anywhere, strike anywhere, sink anything. The Iranian military was ravaged. Its navy was at the bottom of the ocean, its air force was decimated, and its missile forces were depleted. In the annals of military conflict, this was a historic rout.

Or so we were told.

It does not disrespect or diminish American skill and courage to note that the Iranian military was more effective — and American strikes perhaps less effective — than we were led to believe.

As more information filters out, the picture gets cloudier and cloudier. Not only was Iran able to immediately and decisively close the Strait of Hormuz, it’s now clear that the Iranian regime inflicted significant damage on American bases in the region and significant damage on oil and natural gas production around the Persian Gulf.

In addition, in spite of U.S. air superiority, the Islamic Republic was still able to damage or destroy at least 42 manned and unmanned American aircraft.

Compounding the problem, it’s an open question as to how much we damaged Iran’s missile program. As my colleagues in the newsroom reported this month, “The Trump administration’s public portrayal of a shattered Iranian military is sharply at odds with what U.S. intelligence agencies are telling policymakers behind closed doors.”

In concrete terms, this means that Iran may retain about 70 percent of its missile launchers and prewar missile stocks, and 30 of its 33 missile sites along the Strait of Hormuz. To put these numbers in perspective, the United States has depleted a substantial percentage of its own missile stocks to destroy a small fraction of Iran’s capabilities.

The Trump administration hasn’t accomplished any of its war aims. The Iranian regime is intact, perhaps even more hard-line than before the war now that the Islamic Revolutionary Guards Corps appears to exert greater control. There has been no unconditional surrender; Iran still possesses substantial stocks of highly enriched uranium; it still possesses a formidable missile arsenal; and it still supports terrorist proxies that wage war against Israel.

We have weakened the Iranian military, but the regime is unbeaten and unbowed.

https://www.nytimes.com/2026/05/28/opinion/trump-iran-war.html?smid=nytcore-android-share

Let's call it Trump failure #245.

Wuvu2 Gold Member

Wuvu2

Advanced Member

The master and the apprentice 🙄

Screenshot_7.jpg

MikeandDow Ruby Member

MikeandDow

Advanced Member

Question for the Yanks !! what has your Tax dollars achived in this war !!!

Eric Loh Star Member

Eric Loh

Advanced Member

Good news on Friday. Market up. Attack week-end. Market down Monday. Repeat and rinse. Money in the bank.

Purdey Diamond Member

Purdey

Advanced Member

If enriched uranium is such a concern, why hasn't America offered to build one or two nuclear power plants in Iran at cut price? Iran had stated previously it is not after nuclear weapons. This construction of nuclear energy plants would allow America to draw from Iran's stockpile of uranium while keeping an eye on its enrichment.

Rams86 Gold Member

Rams86

Advanced Member

Donny changes his word as often he changes his long Johns.

MikeandDow Ruby Member

MikeandDow

Advanced Member
15 minutes ago, Purdey said:

If enriched uranium is such a concern, why hasn't America offered to build one or two nuclear power plants in Iran at cut price? Iran had stated previously it is not after nuclear weapons. This construction of nuclear energy plants would allow America to draw from Iran's stockpile of uranium while keeping an eye on its enrichment.

uranium enriched to 60% can be used in nuclear reactors. However, it is not used for standard civilian power plants and is primarily reserved for highly specialized applications and naval propulsion.

Research Reactors: Many specialized research reactors around the world that are used for materials testing and the production of medical isotopes rely on HEU

spidermike007 Star Member

spidermike007

Advanced Member

The War President continues with his destructive economic rampage. And admits he does not care one iota for the well being of most Americans.

Trump and some his top officials are showing little concern about higher prices and the impact of the Iran war on Americans’ financial health. Consumers have a dim view of the economy and have soured on the Trump administration’s economic policies. Thursday’s report showed that Americans’ after-tax, inflation-adjusted incomes fell for the third straight month, while spending, adjusted for inflation, barely rose.

Trump has said that increases in gas prices — up more than 50% since the U.S. and Israel launched attacks on Iran — amount to “peanuts.” He previously said he does not consider Americans’ personal finances “even a little bit” when mulling his options on the war.

“Signs of stress are building inside the American household across the economy,” Joe Brusuelas, chief economist at RSM, a tax advisory firm, said. “Inflation-adjusted spending, disposable income ... point to a slowing in May spending as inflation approaches a peak on the back of a historic supply shock.”

The U.S. economy grew at a modest 1.6% annual pace from January through March, according to a separate report from the Commerce Department Thursday.

https://apnews.com/article/economy-inflation-tariffs-gasoline-consumer-spending-4f59d739153d66682b6fbc2b457f5df6

MikeandDow Ruby Member

MikeandDow

Advanced Member

Here are the specific details of the emerging framework:

  • The Reconstruction Fund: Drafts of the proposed peace agreement include a roughly $300 billion "investment fund" that the United States would help facilitate to support reconstruction in Iran in the event of a finalized deal.

  • Frozen Assets: The tentative memorandum outlines a 60-day negotiation period following a ceasefire, during which discussions would cover sanctions relief and the unfreezing of billions of dollars in Iranian overseas assets.

  • U.S. War Costs: The war itself has carried a heavy financial burden. The Pentagon has estimated its direct war spending at nearly \(\$29\) billion, while economists and lawmakers estimate the long-term cost to the U.S. economy could be much higher, ranging between \(\$630\) billion and \(\$1\) trillion.

  • Next Steps: The tentative framework is still pending final approval. Iranian officials have also previously floated the idea of allowing major U.S. companies and energy corporations into Iran for joint venture deals.

Track live updates and official statements regarding the negotiations on The New York Times or Al Jazeera.

Trump is batshxt crazy !! where is the unconditional surrender !!! bye bye your Tax dollars not going to cost trump anything As i said stupid is as stupid does

You Tax dollars are going to fund a Terrorist state where is the logic in that !!

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