Axios: US and Iran reach 60-day peace agreement MOU! The Strait of Hormuz is on the verge of being unblocked, just waiting for Trump's final nod

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After months of twists and turns, a real peace agreement between the US and Iran has finally surfaced! According to an exclusive report by *Axios* today (28th), the US and Iran have successfully reached consensus on a "60-day Memorandum of Understanding (MOU)." This agreement establishes unrestricted shipping in the Strait of Hormuz, requires Iran to clear mines within 30 days, and initiates negotiations on the nuclear program and lifting of sanctions. It is reported that Iran has nodded in agreement, but US President Trump has not yet signed after hearing the briefing, indicating he needs a few days to consider. This is also the closest the two sides have come to peace since the outbreak of war. (Recap: US White House slaps down Iran's "Peace Agreement Draft": Completely fabricated, do not believe fake news) (Background: Iran updates "US-Iran Memorandum of Understanding (MOU)" framework: Demands $12 billion in frozen funds, charges tolls for the Strait of Hormuz...) After both sides went through a chaotic period of media posturing and mutual denials, the substantive peace agreement between the US and Iran has finally achieved a major breakthrough. According to an exclusive report by *Axios* senior reporter Barak Ravid today (May 28, 2026), citing two US officials and one regional mediator, US and Iranian negotiating representatives have reached a substantive agreement on a 60-day Memorandum of Understanding (MOU). The purpose of this agreement is to extend the current ceasefire status and create space for the thorny Iranian nuclear program negotiations. This development is regarded as the "most significant diplomatic breakthrough" achieved by both sides since the outbreak of war. However, the memorandum is currently still stuck at the final hurdle: US President Donald Trump has not yet given final approval. The report indicates that as of around this Tuesday (26th), the various terms of the agreement had been largely finalized at the negotiating table, and representatives from both sides immediately sent the draft back home to seek final approval from the top leadership. US officials revealed that Iran subsequently responded, indicating that it had obtained the necessary authorization at the highest level and was ready to sign the agreement (although the Iranian government has not yet publicly confirmed this). The US negotiating team then presented the final version of the agreement details to Trump, but Trump did not immediately sign. It is reported that Trump conveyed a message to Iran through the mediator: "The President needs a few days to think about it." Looking back at the early stages of the war, Trump and his team of advisors had on multiple occasions believed an agreement was imminent, but each time it fell through due to various variables, which may explain Trump's cautious attitude when facing the final draft this time. Distinctly different from the "fake draft (demanding tolls and $12 billion)" unilaterally released earlier by Iranian state media, according to the contents disclosed by US officials to *Axios*, this real 60-day MOU contains pragmatic concessions and commitments from both sides: - Unrestricted shipping: Commercial shipping within the strait will be restored to an "Unrestricted" state, explicitly prohibiting the collection of any form of toll or any harassment. - Mine clearance: Iran must commit to thoroughly clearing all mines it has laid in the strait within 30 days. - Lifting the blockade: In response, the US Navy's blockade of the strait will be gradually lifted, but the speed of lifting will be proportional to the "actual extent of restoration of commercial shipping." - Iran's nuclear weapons commitment: Iran explicitly commits to "not pursuing nuclear weapons." Within this 60-day negotiation window, both sides will prioritize discussions on how to properly handle Iran's currently held highly enriched uranium and its enrichment activities. - US sanctions relief: The US agrees to discuss the possibility of sanctions relief and the release of Iran's frozen overseas funds during the negotiation period. - Humanitarian relief: Both sides will begin discussions on establishing a security mechanism to help Iran begin receiving essential civilian supplies and humanitarian aid materials. Currently, the global crude oil and financial markets are holding their breath. As long as Trump nods and signs, this 60-day Memorandum of Understanding will not only press the pause button on the Middle East situation, but may also become a historic turning point that reshapes the geopolitical landscape of the Persian Gulf.

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Published:2026-05-28 13:36:44

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