AS PER AXIOS: - The United States and Iran have reportedly reached a 60-day memorandum of understanding aimed at extending the ceasefire and opening negotiations over Iran’s nuclear program. - Under the proposed agreement, Iran would be required to remove all mines from the Strait of Hormuz within 30 days. - The U.S. would lift naval blockades in proportion to the restoration of commercial shipping through the strait. - President Trump is currently reviewing the agreement before giving final approval.