Negotiating teams from the U.S. and Iran have reached a provisional cease-fire memorandum pending final approval from President Donald Trump [1].

This agreement is critical because it addresses the security of the Strait of Hormuz, one of the world's most vital maritime chokepoints for global energy shipments.

Under the terms of the memorandum, the two nations would establish a cease-fire period lasting 60 days [1]. The agreement focuses on restoring unrestricted commercial shipping through the Strait of Hormuz, which has been hampered by military tensions [1].

As part of the deal, Iran is required to clear all naval mines from the strait within 30 days [1]. In return, the U.S. will lift its naval blockade proportionally as Iran opens the waterway to commercial traffic [1].

Reports of the agreement first surfaced through internet media outlet Axios, as cited by YTN [2]. The reporting said that while the delegations have aligned on these terms, the document remains a provisional memorandum of understanding [2].

President Trump has not yet granted his final approval to the deal [2]. The U.S. delegation has not provided a specific timeline for when the president will review the memorandum or if further conditions will be required before the 60-day truce begins [1].

If approved, the deal would represent a significant tactical shift in the region. The proportional lifting of the blockade ensures that the U.S. maintains leverage while Iran works to remove the mines [1].

U.S. and Iran have reached a provisional cease-fire memorandum pending final approval from President Donald Trump.

The provisional nature of this agreement underscores the high stakes of the Strait of Hormuz, where any miscalculation could disrupt global oil markets. By tying the removal of naval mines to the proportional lifting of a blockade, the deal creates a reciprocal verification process designed to reduce the risk of a sudden escalation while the two powers test the stability of a temporary truce.