U.S. And Iran Reach Deal—Pending Trump’s Approval

BreakingBusinessU.S. And Iran Reach Deal—Pending Trump’s ApprovalBySara Dorn,Forbes Staff. Sara Dorn is a Forbes news reporter who covers politics.Follow AuthorMay 28, 2026, 01:03pm EDTToplineThe U.S. and Iran have reached a tentative agreement toward ending the military conflict, though President Donald Trump has yet to sign off on the deal that would mark the most significant progress to date in the negotiations, according to multiple reports. President Donald Trump looks on during a cabinet meeting in the Cabinet Room of the White House in Washington, DC, on May 27, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)AFP via Getty ImagesKey FactsThe memorandum of understanding would extend the ceasefire by 60 days and restart negotiations surrounding Iran’s nuclear program, Axios first reported, citing two unnamed U.S. officials and a third source involved in the talks. Atlantic staff writer Vivian Salama also confirmed the Axios report from unnamed U.S. sources. This is a developing story and will be updated.Got a tip? Share confidential information with Forbes.Editorial StandardsReprints & PermissionsLOADING VIDEO PLAYER...FORBES’ FEATURED Video