U.S. and Iran Reach Deal to Extend Ceasefire and Begin 60-Day Negotiations

Vice President JD Vance said Monday that the United States and Iran have reached an agreement to extend the current ceasefire and open 60 days of technical negotiations aimed at ending the conflict. Vance appeared on multiple morning television programs and stated the deal has already been digitally signed. He added that a formal signing ceremony is scheduled for Friday in Geneva.

Vance told ABC News' George Stephanopoulos that the agreement reopens the Strait of Hormuz. He noted oil prices have already declined substantially in the past 24 hours. The vice president said the deal includes provisions for Iran to stop funding groups described as terrorist organizations.

He stated the United States is prepared to provide significant sanctions relief if Iran makes long-term commitments regarding its nuclear program. Vance confirmed that no funds have been released to Iran since the digital signing on Sunday.

Sharif said Monday that Pakistan will host the signing ceremony in Geneva. He praised Pakistan's negotiator, Field Marshal Asim Munir, for continuing talks through difficult periods. The Lebanese Armed Forces on Monday advised displaced residents in southern Lebanon not to return to their homes yet.

The military cited risks from potential Israeli violations and instructed people to follow orders from deployed units. Israeli Defense Minister Israel Katz said Monday that Israeli forces will not withdraw from areas seized in southern Lebanon, Syria, and the Gaza Strip regardless of the agreement with Iran.

The International Maritime Organization said the reported agreement represents an important step toward restoring safety in the Strait of Hormuz and allowing plans to evacuate stranded seafarers to move forward.