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US-Iran War: Peace Prospects Rise as Trump Weighs 60-Day Truce Renewal

Posted

May 29, 2026

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The US and Iran reached a tentative deal to extend a ceasefire by 60 days and launch further talks on Tehran’s nuclear program, a person with knowledge of the matter said, raising hopes the three-month conflict could be nearing a resolution. President Donald Trump has yet to agree to the terms. Bloomberg's Jon Herskovitz reports.

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US-Iran WarThe USPresident Donald TrumpBloomberg's Jon HerskovitzMarkets LikeBloomberg MarketsFinance VisitX Facebook Instagram Connect

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