Middle East War Day 90: Preliminary US-Iran Agreement Reported, Latest Developments

As the US-Israel offensive against Iran reaches its 90th day, reports indicate that negotiators have reached a preliminary agreement to extend the ceasefire by 60 days and resume talks on Iran's nuclear program, pending approval by President Trump. Markets reacted positively, with Asian stocks rising and oil prices falling. Meanwhile, the US announced new sanctions on Iran's military oil trade.
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  • 📰 Published: May 29, 2026 at 14:12
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Central News Agency (Paris, 28th) As the US-Israel offensive against Iran reaches its 90th day, US officials familiar with the matter revealed that negotiators have reached a preliminary agreement to extend the ceasefire by 60 days and resume talks on Iran's nuclear program, pending approval by President Trump.

The following is a summary of the latest developments in the Middle East war.

AP reported that an anonymous US official said negotiators reached a preliminary agreement today to extend the ceasefire by 60 days and launch a new round of talks on Iran's nuclear program. This memorandum of understanding (MOU) still requires approval from Trump.

US Treasury Secretary Scott Bessent refused to confirm the report when asked today, stating only that the team is negotiating back and forth and that everything will be decided by Trump. Vice President JD Vance also stated that Trump has not yet officially signed the agreement.

The US announced today that it has imposed a new round of sanctions on Iran's military oil trade, adding 8 vessels and over 15 entities to the sanctions list.

Bessent also stated today that the US will terminate all rights for Iranian airlines regarding landing, refueling, and ticket sales, but provided no further details.

Iranian state television cited local officials in Jam County, Bushehr Province, early on the 29th local time, reporting that a US military aircraft was destroyed in Jam County. The US military stated that no US aircraft had been shot down near Bushehr Province.

AFP reported that Asian stock markets rose on the 29th local time, and oil prices fell, driven by market optimism that the US and Iran would reach an agreement to end the war, which has affected global energy supplies.

In early trading on the 29th local time, Brent crude oil prices fell 0.9% to about $93 per barrel, and West Texas Intermediate (WTI) crude oil prices fell 1.1% to slightly below $88 per barrel.

The Lebanese Ministry of Health stated that Israel conducted an airstrike on Choueifat, south of Beirut, today, killing one woman and two children and injuring 15 others.

The Lebanese Ministry of Culture also condemned Israel today for attacking areas near historical sites and landmarks in southern Lebanon protected by UNESCO.

Additionally, Qatari state media reported today that the Emir of Qatar, Sheikh Tamim bin Hamad al-Thani, spoke with Trump to discuss the latest developments in the Middle East war, adding that Trump expressed his "gratitude for Qatar's assistance in mediating with Pakistan."

FAQ

What is the latest on the US-Iran war?

A preliminary agreement for a 60-day ceasefire extension has been reached.