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May 30, 2026 · Morning edition
Executive summary
US President Donald Trump held a White House Situation Room meeting on Friday to make a 'final determination' on a proposed deal to extend the ceasefire with Iran and address its nuclear program. While Trump stated he would only accept a deal that meets his 'red lines,' including Iran never possessing a nuclear weapon and the immediate reopening of the Strait of Hormuz, top Iranian officials indicated no final agreement had been reached, emphasizing a need for action over words. The proposed deal reportedly includes a 60-day ceasefire extension and the removal of mines from the Strait of Hormuz to allow free passage for ships, which has influenced global oil prices. The US had previously lifted its blockade on Iranian ships in the Strait.
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