US and Iran near agreement pending Trump's final approval

The U.S. and Iran are close to an agreement, but it requires the final approval of U.S. President Donald Trump, American political news outlet Axios reported. Citing two U.S. officials, the report stated that U.S. and Iranian negotiating teams have agreed on a 60-day memorandum of understanding (MOU) to extend the ceasefire and begin talks on Iran's nuclear program. However, Trump has not yet given his final consent. If the MOU is signed, it would mark the most significant diplomatic breakthrough since the war began, although further intensive negotiations would be necessary to reach a final deal that meets the president's nuclear demands. U.S. officials said the MOU includes a provision guaranteeing "unrestricted" navigation in the Strait of Hormuz. One official explained this means no tolls or any form of interference, and that Iran must remove all mines from the strait within 30 days.