President Donald Trump met in the White House Situation Room on Friday to determine if the U.S. will extend a ceasefire with Iran [1].

The decision comes as both nations seek to stabilize a volatile region and ensure the flow of global energy supplies. A failure to reach an agreement could jeopardize international shipping and increase the risk of direct military conflict.

The proposed agreement would extend the current ceasefire for 60 days [1]. This move follows negotiations held on Thursday between U.S. and Iranian officials [1].

Central to the discussions is the status of the Strait of Hormuz. Trump said the vital shipping lane must immediately open without tolls or restrictions in both directions [1]. The administration is linking the ceasefire extension to the guaranteed free movement of vessels through the waterway [1].

"I am 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," Trump said [1].

Beyond the maritime restrictions, the U.S. remains focused on Iranian nuclear capabilities. Trump said Iran must never obtain a nuclear weapon [1]. The administration views the ceasefire and the reopening of the strait as critical components of a broader strategy to prevent nuclear proliferation in the region [1].

These diplomatic efforts occur despite recent attacks carried out by both sides [1]. The White House has not yet announced whether the 60-day extension will be formally signed.

The proposed agreement would extend the current ceasefire for 60 days.

The focus on the Strait of Hormuz highlights the economic leverage inherent in the U.S.-Iran standoff. By conditioning a ceasefire on the removal of tolls and restrictions, the U.S. is attempting to decouple regional maritime security from the broader nuclear negotiations, ensuring that global oil markets remain stable even while diplomatic tensions persist.