America and Iran reach preliminary accord, pending Trump's green light — according to American officials

A breakthrough has been achieved in negotiations between the United States and Iran, with both parties agreeing on a framework for a 60-day ceasefire extension, although the deal still requires President Donald Trump's approval, according to US sources.

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This development comes as President Trump has been sharing a draft peace agreement with key allies, including Israel, in a bid to prevent the ceasefire from collapsing and to pave the way for a lasting deal.

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In a move to expedite the negotiation process, Pakistan's Foreign Minister, Mohammad Ishaq Dar, is set to travel to Washington to meet with his US counterpart, Marco Rubio, in an effort to drive the talks forward.

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Reports from Axios have been confirmed by sources, indicating that the US and Iran have reached an understanding on a memorandum of understanding to extend the truce and initiate discussions on Iran's nuclear program.

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Neither President Trump nor Iran has provided immediate confirmation of the agreement, leaving the status of the deal uncertain.

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The proposed 60-day deal would allow for unrestricted shipping through the Strait of Hormuz, free from tolls and harassment, with Iran committing to remove all mines within a 30-day timeframe, as reported by Axios.

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In return, the US would lift its naval blockade on Iran's ports, but only in proportion to the restoration of commercial shipping, according to the terms outlined.

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The draft memorandum also addresses Iran's commitment to forgo the pursuit of a nuclear weapon, with Axios noting that this aspect is a key component of the agreement.

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One of the primary issues to be tackled is the disposal of Iran's enriched uranium stockpiles, a matter of paramount importance in the negotiations.

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President Trump has consistently emphasized that any deal to end the war, which began on February 28, must preclude Iran from acquiring a nuclear weapon.

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A fragile ceasefire has been in place since April 7, and President Trump stated on Wednesday that he remains unsatisfied with Iran's proposals, cautioning that he may resort to military action to "finish the job".

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Both Washington and Tehran have accused each other of violating the truce, following an exchange of fire, which has raised concerns about the stability of the ceasefire.

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China is advocating for the United Nations Security Council to ratify any agreement reached between the US and Iran, in an effort to lend international legitimacy to the deal.