Trump says he’s weighing ‘final determination’ on Iran deal
President Trump is weighing a final determination on the Iran deal, which includes a 60-day memorandum of understanding to extend the ceasefire and reopen the Strait of Hormuz. The deal also states that Iran will not impose tolls on commercial ships and will begin demining the waterway. The agreement still needs to be cleared by senior Iranian leadership and has not been agreed to by Trump or Iranian leadership.
- ▪The tentative deal includes a 60-day memorandum of understanding to extend the ceasefire in the Middle East and reopen the Strait of Hormuz.
- ▪Iran will not impose tolls on commercial ships attempting to transit the strait and will begin demining the waterway.
- ▪The US Navy blockade will be removed if commercial shipping in the strait is restored, and Washington will issue sanctions waivers allowing Tehran to sell its oil.
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Administration Trump says he’s weighing ‘final determination’ on Iran deal Comments: by Julia Manchester - 05/29/26 11:27 AM ET Comments: Link copied by Julia Manchester - 05/29/26 11:27 AM ET Comments: Link copied NOW PLAYING President Trump said Friday he is meeting in the White House Situation Room to make a “final determination” on the tentative agreement to extend the ceasefire between the U.S. and Iran and to reopen the Strait of Hormuz. In a lengthy Truth Social post, Trump reiterated his call for Iran to never obtain a nuclear weapon and for the vital shipping lane to immediately open without tolls or restrictions in both directions.
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