U.S.-Iran trade strikes: 60-day ceasefire draft pending approval

By The BriefBrief

U.S. sources say a tentative 60-day ceasefire and reopening of the Strait of Hormuz await approval by Trump and Iranian leadership.

WHO: U.S. sources

WHAT: Tentative memorandum of understanding for a 60-day ceasefire and reopening of the Strait of Hormuz reached; awaiting approval by Trump and Iranian leadership

WHEN: May 28, 2026 at 7:46 PM ET

WHERE: Iran

WHY: The memorandum is pending approval by President Trump and Iranian leadership.

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