U.S., Iran on Verge of 60-Day Cease-Fire Extension, Per Trump

across the Middle East and triggering months of instability throughout the region. Advertisement President Donald Trump announced on Friday that he is heading to the White House Situation Room to make a “final determination” — apparently on the memorandum of understanding to extend the ceasefire with Iran and reopen the Strait of Hormuz.

Nevertheless, the ceasefire extension suggests that both sides currently see greater value in continued negotiations than in returning to open warfare

White House officials stated yesterday that US and Iranian negotiators had struck a memorandum of understanding (MoU), but Trump has yet to give his final approval.