US and Iran near deal to extend ceasefire 60 days

By The BriefBrief

The US and Iran are close to an agreement that would extend the ceasefire for 60 days and reopen the Strait of Hormuz.

WHO: United States and Iran

WHAT: Close to signing a memorandum of understanding to extend the ceasefire for 60 days, reopen the Strait of Hormuz without tolls, clear mines, lift a blockade on Iranian ports, and waive some sanctions.

WHEN: May 24, 2026 at 3:52 AM ET

WHERE: Location not specified

WHY: The two sides are working toward a memorandum of understanding that includes mutual concessions, including a potential 60-day ceasefire extension and related measures.

Reporting from 2 identified publishers across this event arc.

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Publishers represented across this event arc

ARY News — View reporting
Jerusalem Post — View reporting

These publishers contributed reporting to the broader event history. Not every source addresses the specific development described above.

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