US media: US and Iran agree in principle to extend ceasefire

CoinFeed reported on April 15 that, according to an Associated Press report today, mediators are close to reaching an agreement on extending the temporary ceasefire between the United States and Iran and pushing for the resumption of negotiations. Sources said that both sides have "agreed in principle" to extend the ceasefire agreement, which expires on April 22, to buy more time for diplomacy. The report stated that the US blockade of Iranian ports and threats from Iran have cast uncertainty on the ceasefire's prospects. Currently, all parties are seeking compromises on key differences such as Iran's nuclear program, the Strait of Hormuz, and wartime reparations.