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US 'very close' to Iran deal as Trump shares draft peace agreement with Israel, regional allies
Asia stocks surge, oil falls on hopes of US-Iran ceasefire deal
DPM Dar, Rubio to discuss Pakistan's Mideast peace efforts in Washington today
Iran and US trade air strikes after Trump dismisses report of Hormuz deal
China's top diplomat says hopes US, Iran reach compromise
As the U.S.-Iran war hit the three-month mark, the two sides were negotiating through mediators on a memorandum of understanding that would extend their ceasefire by 60 days and begin talks over Iran's nuclear program.
U.S. sources told the White House press pool a tentative agreement has been reached, but it's pending President Trump's approval. Iran also has not yet provided a response to the latest version, a regional official said.
Vice President JD Vance said negotiators are "going back and forth" and making a lot of progress, but it's "still TBD" whether talks will reach a point where Mr. Trump can sign a deal. Treasury Secretary Scott Bessent also characterized talks as ongoing.
The ceasefire remains fragile: The Pentagon has hit Iranian targets twice this week in what it called defensive strikes, leading Iran to accuse the U.S. of violating the truce and announce retaliatory strikes on an American base. CENTCOM said Kuwait intercepted an Iranian missile Thursday, and there were no reports of a U.S. base being hit.
Vice President JD Vance told reporters the U.S. and Iran are "not there yet" on an initial deal expected to reopen the Strait of Hormuz, extend the ceasefire and deepen negotiations on contentious issues including Iran's nuclear program, but he said "we're very close."
Sources told White House journalists earlier that a tentative agreement had been reached, but that it was still pending President Trump's approval.
Iranian state media, citing a source close to the country's negotiating team, said no agreement has been "finalized nor confirmed," and the report dismissed any suggestion otherwise from Western sources as "incorrect."
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