US and Iran Reportedly Near Ceasefire Extension Agreement Amid Discrepancies on Nuclear Commitments

The United States and Iran are reportedly close to a memorandum of understanding to extend their ceasefire for 60 days, which would include reopening the Strait of Hormuz and commencing negotiations on Iran's nuclear program. However, Iranian state media has disputed President Trump's claims regarding the agreement, specifically denying any commitment to dismantle nuclear materials. The deal is awaiting final approval from leadership in both countries.