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<h2>Developing Story</h2>

According to anonymous U.S. officials and later confirmed by U.S. Treasury Secretary Scott Bessent, Washington and Tehran on Thursday reached a memorandum of understanding to implement a 60-day ceasefire, though President Donald Trump and Iran still need to approve it.

According to anonymous U.S. officials and later confirmed by U.S. Treasury Secretary Scott Bessent, Washington and Tehran on Thursday reached a memorandum of understanding to implement a 60-day ceasefire, though President Donald Trump and Iran still need to approve it.

The deal will reportedly include economic relief for Iran, release of frozen Iranian funds and remove its blockade, while Iran will remove all mines from the Strait of Hormuz within 30 days, pledge not to build a nuclear weapon and discuss ways to dispose its highly enriched uranium.

The deal will reportedly include economic relief for Iran, release of frozen Iranian funds and remove its blockade, while Iran will remove all mines from the Strait of Hormuz within 30 days, pledge not to build a nuclear weapon and discuss ways to dispose its highly enriched uranium.

The deal, initially reported by Axios before other outlets confirmed the sources, comes as the U.S., Israel and Iran continue military strikes and threats. <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.wsj.com/world/middle-east/u-s-and-iran-have-makings-of-a-deal-bessent-says-bf7aa79b">Trump threatened to "blow up" Oman</a> if Iran didn't open up the strait, while Iran launched warning strikes in the strait and Israel struck south of Beiruit, Lebanon.

The deal, initially reported by Axios before other outlets confirmed the sources, comes as the U.S., Israel and Iran continue military strikes and threats. Trump threatened to "blow up" Oman if Iran didn't open up the strait, while Iran launched warning strikes in the strait and Israel struck south of Beiruit, Lebanon.

Regarding Trump's threat, which was reportedly over the potential of Oman to charge tolls in the strait, Bessent said he spoke with Oman and that the Gulf nation didn't plan on doing so. Bessent also threatened sanctions if Oman were to begin charging tolls.

Regarding Trump's threat, which was reportedly over the potential of Oman to charge tolls in the strait, Bessent said he spoke with Oman and that the Gulf nation didn't plan on doing so. Bessent also threatened sanctions if Oman were to begin charging tolls.

This is yet another reported ceasefire agreement from the same Axios reporter who announced the other false reports dating back to early April. Between that and the U.S.'s repeated ceasefire violations and threats to bomb Oman, this announcement shouldn't be trusted until Washington backs it up with good faith actions.

This is yet another reported ceasefire agreement from the same Axios reporter who announced the other false reports dating back to early April. Between that and the U.S.'s repeated ceasefire violations and threats to bomb Oman, this announcement shouldn't be trusted until Washington backs it up with good faith actions.

Mario Nawfal

Tom Williams/Getty Images

US, Iran reach 60-day truce deal

Tom Williams/Getty Images

US, Iran reach 60-day truce deal

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