U.S. and Iran reportedly agree to extend ceasefire but needs Trump’s final approval
Oil prices pulled back Thursday, erasing earlier gains on a report that U.S. and Iranian negotiators reached an agreement to extend ceasefire.
Axios reported that negotiators reached a 60-day memorandum of understanding to extend the ceasefire and start negotiations over Iran’s nuclear program. President Donald Trump still has to approve the deal, according to Axios.
