The United States and Iran are approaching an agreement to extend the ceasefire period by 60 days under the mediation of intermediaries.

The mediators believe that the United States and Iran are close to reaching an agreement to extend the ceasefire between the U.S. and Iran by 60 days and lay the groundwork for discussions on the Islamic Republic's nuclear program.

Individuals familiar with the high-stakes talks indicate that the agreement will include a phased reopening of the Strait of Hormuz and a commitment to discuss the dilution or handover of Iran’s stockpile of highly enriched uranium.

The United States will also ease the blockade on Iranian ports and gradually agree to lift sanctions and unfreeze Tehran's assets held abroad.

Iran’s Foreign Ministry spokesman Ismail Baghaei stated on Saturday that Tehran is discussing a "memorandum of understanding" as a first phase to end the war, with plans to continue detailing the broader agreement within 30 to 60 days.

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