The United States and Iran reach tentative understandings on a memorandum of understanding (MoU) that would extend a ceasefire by 60 days and open further negotiations, even as fighting continues. Iran’s foreign minister warns that any U.S. bases used for aggression against Iran are legitimate targets, while U.S. and Iranian officials exchange accusations of violations during the fragile period.

Across reporting, the MoU’s broad terms focus on extending the ceasefire and addressing maritime access through the Strait of Hormuz, alongside a separate track for nuclear discussions. Multiple outlets describe disputes over frozen Iranian assets, with the U.S. signaling that sanctions relief or asset releases would be conditional rather than immediate. Regarding nuclear matters, reporting highlights that the uranium file remains a core unresolved issue during the interim.

Outlets also differ in emphasis on what is and is not included. Pakistan’s prime minister says Iran’s ballistic missiles were “never on the table,” and Iran signals it will not negotiate missile capabilities. Separately, Lebanon remains a parallel flashpoint: Iran links any broader deal to ending Israeli operations against Hezbollah, while accounts describe continuing strikes and stepped-up rhetoric from Israel. Meanwhile, shipping and energy markets react to incidents and the risk of wider regional maritime disruptions.