New U.S. and Iran Agreement Awaits Final Approval

Stand for Israel  |  May 29, 2026

View of the United States Capitol in Washington, D.C., April 14, 2026. Photo by Arie Leib Abrams/Flash90
Photo: Arie Leib Abrams/Flash90

Yesterday evening, it was reported that the United States and Iran were nearing a deal that would establish a framework for 60 days of negotiations focused on Iran’s nuclear program and the reopening of the Strait of Hormuz. According to Ynet, the agreement is currently awaiting final approval. If approved, it would represent the most significant diplomatic breakthrough since the conflict with Iran began.

Meanwhile, Lebanese and Israeli officials are expected to meet in Washington as the IDF continues operations in southern Lebanon, including areas closer to the capital.

U.S. officials said most of the terms had been agreed by Tuesday, but both sides still needed approval from senior leadership. They said Iran later informed mediators it had secured the necessary approvals and was ready to sign, though Tehran has not confirmed that.

Under the proposed 60-day MOU, shipping through the Strait of Hormuz would be “unrestricted,” meaning no tolls or harassment, and Iran would be required to remove all mines from the strait within 30 days, officials said. The U.S. naval blockade would also be lifted in stages, in line with the restoration of commercial shipping.

The MOU would include an Iranian commitment not to pursue a nuclear weapon. The first issues in the 60-day talks would be how to dispose of Iran’s highly enriched uranium and how to address enrichment. The U.S., in turn, would agree to discuss sanctions relief, the release of frozen Iranian funds and a mechanism to allow Iran to receive goods and humanitarian aid.

Both the Iranian and Lebanese ceasefires have faced significant challenges in recent days, including U.S. defensive strikes and newly authorized IDF operations targeting Hezbollah deeper within Lebanon following multiple drone incursions. As Hezbollah operates independently of the Lebanese government, Beirut is included in the new 60-day agreement.

Pakistani mediators are also expected to meet today in Washington with Secretary of State Marco Rubio. Pakistan’s Foreign Ministry stated that the purpose of the meeting is to review recent regional developments. U.S. sources indicated that concerns surrounding Iran’s nuclear program remain paramount and that President Donald Trump continues to keep all options on the table.

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