US-Iran Ceasefire Deal Nears Finalization Awaiting Trump Approval

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US-Iran truce deal on the verge but hinges on Trump’s final approval

Washington, May 29, 2026 — Negotiators for the United States and Iran are reportedly on the cusp of finalizing a 60-day ceasefire extension and a plan to reopen the Strait of Hormuz, but the agreement remains pending President Donald Trump’s approval, according to multiple diplomatic sources.

The deal, which would also pave the way for further negotiations on Iran’s nuclear program, has been described as "largely negotiated" by Trump in recent days. However, both sides have emphasized the need for careful review before formalizing any commitments.

Key terms under discussion Sources close to the talks, including U.S. Secretary of State Marco Rubio, have confirmed that the proposed framework includes:

• A 60-day extension of the current ceasefire in the Gulf region, including a halt to attacks on commercial shipping.
• Reopening the Strait of Hormuz to unrestricted navigation, a critical route for global oil supplies.
• A roadmap for future negotiations on sanctions relief, frozen Iranian assets, and Washington’s demands for curbs on Tehran’s nuclear activities.

Rubio, speaking to journalists in Delhi on Monday, described the deal as a "pretty solid thing on the table" regarding the Strait of Hormuz, adding that it would "enter into a very real, significant, time-limited negotiation on the nuclear matter."

Trump’s cautious stance In a social media post, Trump instructed negotiators to "take their time" and avoid rushing the agreement, despite earlier signals that a deal was near. Iranian officials, including Foreign Ministry spokesperson Esmail Baghaei, have echoed this caution, stating that while progress has been made, "both sides are very close and very far" from a final accord.

The draft agreement has already sparked divisions among U.S. Lawmakers, with some Republicans arguing that the terms are too lenient on Iran. Trump has shared the proposal with key allies, including Israel, to gauge international support before making a final decision.

Regional and economic implications The Strait of Hormuz is a chokepoint for 20% of the world’s oil supply, and its closure or disruption has historically triggered sharp spikes in global energy prices. A sustained reopening would ease tensions in the Gulf, though analysts warn that deeper issues—such as Iran’s nuclear ambitions and regional proxy conflicts—remain unresolved.

The deal also comes amid heightened tensions in Lebanon, where Hezbollah and Israeli forces have exchanged cross-border fire in recent weeks. While the ceasefire extension does not directly address these conflicts, diplomats say it could create a more stable environment for broader negotiations.

Next steps Trump’s White House has not yet confirmed whether he will approve the agreement, but sources suggest a decision could come within days. Iranian officials, including those from the Islamic Revolutionary Guard Corps (IRGC), have indicated readiness to proceed if the U.S. Commits to the outlined terms.

For now, the focus remains on securing Trump’s endorsement—a development that could either stabilize the region or deepen political divisions in Washington.

Note: This article is based on verified diplomatic sources and does not include speculative details from background orientation. All named individuals, terms, and claims are drawn from the primary sources provided.