US Treasury Secretary Besent stated that sanctions on Iran will remain until the Strait of Hormuz is reopened and Tehran agrees to transfer its stockpile of highly enriched uranium. He emphasized that no discussions will proceed until normal maritime traffic resumes and Iran commits to handing over the enriched material.

Meanwhile, the United States and Iran have reached a preliminary memorandum of understanding to extend their ceasefire by another 60 days and begin talks aimed at a permanent end to ongoing hostilities. According to US sources cited by Al Jazeera, the framework awaits final approval from President Donald Trump.

If approved, the agreement would mark a significant breakthrough after weeks of stalled diplomacy, though details of the deal remain unclear.