US and Iran Reportedly Reach Preliminary Agreement; 60-Day Ceasefire and Nuclear Talks Proposed

As the US-Iran conflict enters its third month, reports indicate that negotiators have reached a preliminary agreement to extend the ceasefire by 60 days and begin talks on Iran's nuclear program. Treasury Secretary Scott Bessent declined to confirm the report, stating that the team is negotiating and President Trump will make the final decision. Trump has set three red lines: Iran must surrender enriched uranium, must not pursue nuclear weapons, and the Strait of Hormuz must remain free for navigation. Bessent emphasized that Trump will not accept a 'bad deal.' Regarding sanctions, Bessent stated there is nothing to consider until Iran meets these conditions. He also addressed rumors of Oman managing the Strait, asserting that the US insists on freedom of navigation in international waters.