Trump Reviews Proposed 60-Day Iran Ceasefire Extension in Two-Hour Situation Room Meeting

President Donald Trump ended a roughly two-hour Situation Room meeting on Friday without deciding whether to approve a new deal with Iran. A senior administration official told the New York Times that Washington believes an agreement to extend the fragile ceasefire is close, though several issues remain unresolved, including the possible unfreezing of Iranian funds.

Trump had earlier said he would meet with advisers to make a “final determination” on a proposed deal that would extend the ceasefire by 60 days and open new talks on Tehran’s nuclear program.

The emerging memorandum of understanding still requires approval from Trump and Iran’s top leadership. The president said any deal would require Iran to pledge that it would never develop a nuclear weapon. He also said the Hormuz Strait must be immediately open, no tolls, for unrestricted shipping traffic, in both directions.

Trump wrote on Truth Social that a naval blockade on Iran would be lifted, but that no money would be exchanged until further notice. Vice President JD Vance said Thursday night that there was a tentative agreement. “It’s hard to say exactly when or if the president’s going to sign,” Vance told reporters.

A senior Iranian source told Reuters that a political understanding over the war had been reached but had not yet been finalized. S. lifted its blockade on Iranian ships and under arrangements set by Tehran.

The agency also said the memorandum did not include the destruction of Iran’s nuclear material, while claiming there was agreement on releasing $12 billion in frozen Iranian assets. Tasnim news agency said Trump’s statement should be treated with skepticism and reflected his usual pattern of one-sided remarks.

Al-Araby Al-Jadeed, citing an Iranian source, reported that disagreements remained on several issues.

Iranian official Mohsen Rezaei accused Trump and Netanyahu of seeking to topple Iran in order to impose a new regional order. S. ” Iranian Foreign Minister Abbas Araghchi said reaching a final agreement depended on a change in Washington’s approach.

U.S. demands and shifting American positions. Secretary of State Marco Rubio met Friday with Pakistani Foreign Minister Ishaq Dar. Pakistan has emerged as a key mediator in the talks.

The ceasefire remains fragile and shipping through the Strait of Hormuz has yet to return to normal.