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US President Donald Trump announced he would make a final decision on a deal with Iran to extend their ceasefire, a move that would require opening the Strait of Hormuz and dismantling Tehran's nuclear weapons capability. Trump stated his intention in the Situation Room, the White House's crisis monitoring center.

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I will be meeting now, in the Situation Room, to make a final determination.

Sources indicated a potential agreement to extend the current truce for another 60 days, facilitating the resumption of oil and gas shipments through the vital waterway. Negotiators would then tackle complex issues, including Iran's nuclear program. Trump emphasized that Iran must commit to never possessing nuclear weapons and that the Strait of Hormuz must be immediately open for unrestricted shipping. He also stated that nuclear material would be "unearthed" by the US.

Iran's top negotiator, Mohammad Baqer Qalibaf, expressed skepticism, stating, "We do not trust guarantees and words, only actions are the criterion. No action will be taken before the other side acts." He added, "The winner of any agreement is the one who is better prepared for war the day after."

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Iran must agree that they will never have a Nuclear Weapon or Bomb. The Hormuz Strait must be immediately open, no tolls, for unrestricted shipping traffic, in both directions.

The war, initiated by the US and Israel on February 28, has resulted in thousands of deaths, primarily in Iran and Lebanon. It has also inflicted global economic damage by increasing energy prices due to Iran's closure of the Strait of Hormuz. News of the potential deal led to a drop in oil prices and a rise in stocks on Friday. Trump also posted on Truth Social about removing mines from the strait and allowing ships to return home, adding that no money would be exchanged until further notice, possibly referencing Iran's demands for tolls, reparations, or the release of frozen funds.

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We do not trust ‌guarantees and words, only actions are ‌the criterion. No action will be taken before the other side acts.

Kazakhstan has indicated willingness to accept Iran's stockpile of near-weapons-grade uranium if a deal is reached, according to the head of the UN nuclear watchdog, Rafael Grossi. Kazakhstan hosts an international bank of low-enriched uranium for power stations in IAEA member states.

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The winner of any agreement is the ‌one who is better prepared for war the day after.