According to Axios, citing U.S. officials familiar with the ongoing negotiations, the peace agreement that Iran and the United States are close to signing involves a 60-day ceasefire extension during which the Strait of Hormuz would be reopened, Iran would be able to freely sell oil, and negotiations would be held on curbing future nuclear ambitions of Iran.
Both sides would sign a Memorandum of Understanding (MOU) that would last 60 days and could be extended by mutual agreement from the two countries. During the 60-day period, the Strait of Hormuz would be open with no tolls and Iran would agree to clear the mines it deployed in the strait to let ships pass freely. In exchange, the U.S. would lift its blockade on Iranian ports and issue some sanctions waivers, allowing the sale of oil and other energy products by Iran.
— OSINTdefender (@sentdefender) May 24, 2026
The post According to Axios, citing U.S. officials familiar with the ongoing negotiations, the peace agreement that Iran and the United States are close to signing involves a 60-day ceasefire extension during which the Strait of Hormuz would be reopened, Iran would be able to freely sell oil, and negotiations would be held on curbing future nuclear ambitions of Iran. Both sides would sign a Memorandum of Understanding (MOU) that would last 60 days and could be extended by mutual agreement from the two countries. During the 60-day period, the Strait of Hormuz would be open with no tolls and Iran would agree to clear the mines it deployed in the strait to let ships pass freely. In exchange, the U.S. wo first appeared on October Surprise 2016 – octobersurprise2016.org.
