The United States and Iran are close to reaching an agreement to extend the ceasefire for another 60 days.

CoinFeed reported on May 23 that, according to the Financial Times, mediators stated the US and Iran are close to reaching an agreement to extend the ceasefire for another 60 days. Separately, Saudi media Alhadath reported that Iran proposed maintaining its uranium enrichment level below 3.6% for 10 years and proposed reducing domestic uranium enrichment by more than 20%. Iran confirmed it would commit to not developing nuclear weapons in the memorandum of understanding and demanded that it retain limited uranium enrichment rights in any agreement.