Vance says U.S. and Iran are "very close" to a deal

Vice President JD Vance said Thursday that the U.S. and Iran were "very close" to a memorandum of understanding (MOU) that would extend the ceasefire by 60 days, reopen the Strait of Hormuz, and launch talks on limiting Tehran's nuclear program.Why it matters: The signing of the MOU would be the most significant diplomatic breakthrough since the war…