Breaking News: US–Iran Agree in Principle to Extend 60-Day Ceasefire Deal

A major development has been reported regarding the ongoing tensions between the United States and Iran, with sources indicating a possible agreement to extend a 60-day ceasefire under a proposed Memorandum of Understanding (MoU). According to reports, the deal may include key terms such as a temporary halt to hostilities between both sides, reopening of the Strait of Hormuz, and lifting of certain naval blockades. This would allow the free movement of oil tankers and LNG carriers, easing global supply chain disruptions and benefiting countries like India and others dependent on Middle East energy routes. Sources also suggest that the United States may ease some sanctions on Iran to facilitate limited oil exports during this period. However, major contentious issues like Iran’s uranium enrichment program and ballistic missile program are still unresolved and are expected to be discussed in future negotiations. Officials emphasize that this is not a final peace agreement but a temporary arrangement aimed at de-escalation and logistical stabilization. The final decision reportedly rests with U.S. leadership, and further developments are expected within the next few hours.