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US, Iran Seek Diplomatic Breakthrough Through Extended Ceasefire Agreement

Addis Ababa, May 29, 2026 —The United States and Iran have reportedly reached a tentative understanding to extend their fragile ceasefire by 60 days, creating space for renewed negotiations aimed at ending the conflict and addressing Iran’s nuclear program, according to US officials cited by international media.

The emerging framework remains unfinalized and still requires approval from US President Donald Trump, who has signaled caution and said Washington is not yet fully satisfied with Tehran’s proposals.

If finalized, the agreement would mark a temporary de-escalation and open the door to structured talks on a longer-term settlement.

Reports also suggest the plan could include steps toward reopening the Strait of Hormuz, a critical global shipping route that has been heavily disrupted since the outbreak of hostilities.

While US officials described the talks as constructive, Iran has not officially confirmed that a deal has been reached.

 However, Iranian lawmakers have suggested that parts of Tehran’s proposals have been accepted, while also expressing concern over Washington’s reliability in future commitments.

Tensions remain high on both sides.

Iranian leaders accused the US and Israel of seeking to weaken the country through military pressure, economic sanctions, and political isolation. At the same time, Iran has maintained stricter control over maritime activity in the Gulf, with reports of vessels being turned back for failing to coordinate with Iranian naval authorities.

The US, for its part, has maintained that no final agreement exists yet.

President Trump has warned that if diplomacy fails, Washington is prepared to “finish the job,” even as he acknowledged Iran’s interest in reaching a deal.

Earlier drafts circulating in Iranian state media reportedly included provisions for easing naval restrictions and restoring shipping through the Strait of Hormuz, but US officials dismissed those claims as inaccurate.

The Strait of Hormuz remains one of the world’s most vital energy corridors, carrying a significant share of global oil shipments.

 Its partial closure during the conflict has contributed to rising energy prices and broader disruptions in international trade.

For now, the situation remains fluid, with both sides appearing closer to a temporary pause in fighting. But still far from a comprehensive peace agreement.

Ethiopian News Agency
2023