Axios

Exclusive: What's inside the Iran deal Trump is close to signing

May 23, 2026Center Left

The agreement the U.S. and Iran are close to signing involves a 60-day ceasefire extension during which the Strait of Hormuz would be reopened, Iran would be able to freely sell oil, and negotiations would be held on curbing Iran's nuclear program, according to a U.S. official. Why it matters: The deal would avoid an escalation of the war and decrease the…

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