Potential 60-day ceasefire on table with Iran deal
Yahoo News
Last updated: May 25, 2026
President Trump announced a peace deal with Iran had been "largely negotiated" following a call with regional leaders, including Israeli Prime Minister Netanyahu. This potential deal involves a 60-day ceasefire and a reopening of the Strait of Hormuz. Iran has stated readiness to reassure the world it is not seeking nuclear weapons.
- President Trump's announcement suggests a peace deal with Iran is close to finalization, pending discussions between the U.S., Iran, and regional nations.
- The proposed deal reportedly includes a 60-day ceasefire, the reopening of the Strait of Hormuz, the lifting of a U.S. naval blockade, and easing of some sanctions, which would allow Iran to restart economic activities.
- In exchange, Iran would commit to not pursuing nuclear weapons and negotiate the suspension of its uranium enrichment program and the removal of highly enriched uranium stockpiles.
- However, Iranian officials have stated they have not agreed to hand over their highly enriched uranium stockpile, and that the nuclear issue is not part of the preliminary agreement but will be addressed in future negotiations.
- The Strait of Hormuz would reportedly return to pre-war transit levels within 30 days, and parts of Iran's frozen funds would be released in the first phase.
- Iran possesses 440.9 kilograms of uranium enriched up to 60% purity, nearing weapons-grade levels.
