US and Iranian negotiators have agreed on the terms of a 60-day memorandum of understanding that would reopen the Strait of Hormuz for unrestricted shipping and launch nuclear talks, but President Trump left a two-hour Situation Room meeting on May 29, 2026, without announcing his decision. Trump is reportedly waiting for Iran's Supreme Leader Mojtaba Khamenei to formally approve the document before signing. Oil prices remain volatile above $106 per barrel as the world watches for a breakthrough.
Science · May 30 · L1-L4