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US and Iran reach ceasefire extension deal pending Trump's final approval

By Robert McGreevy, Patrick Ward

Published May 28, 2026

Fox News
Fox News Flash top headlines for May 28 Video

U.S. and Iranian negotiators have reached an agreement on a 60-day memorandum of understanding extending the current ceasefire and launching negotiations on Iran's nuclear program, but the deal still needs President Donald Trump's final approval, U.S. sources confirmed to Fox News.

The deal follows weeks of talks threatened by heightened tensions after the U.S. engaged in defensive strikes on Iran.

The U.S. first launched "self-defense strikes" in southern Iran on Monday, with U.S. Central Command (CENTCOM) claiming the U.S. targeted Iranian boats spotted laying mines in the Strait of Hormuz. CENTCOM also claimed an Iranian missile had targeted U.S. warplanes. 

The U.S. responded by eliminating both Islamic Revolution Guards Corps (IRGC) boats spotted laying the mines and a surface-to-air (SAM) missile site in Bandar Abbas, U.S. officials previously told Fox News. 

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Axios first reported about the memorandum of understanding being reached earlier Thursday.

Fox News' National Security Correspondent, Jennifer Griffin contributed to this report.

This is a developing story. Please check back for updates.

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