--- title: "Trump Says Ceasefire Talks with Iran Moving along Well; Hormuz Said to Reopen 30 Days After Deal" type: "News" locale: "en" url: "https://longbridge.com/en/news/287561815.md" description: "US President Trump announced that ceasefire negotiations with Iran are progressing well, with a potential reopening of the Strait of Hormuz in about 30 days post-agreement. The Pakistan Army Chief has indicated that a deal is nearing finalization. Meanwhile, international oil prices showed mixed results, with Brent oil futures rising and New York oil futures falling." datetime: "2026-05-26T01:03:58.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287561815.md) - [en](https://longbridge.com/en/news/287561815.md) - [zh-HK](https://longbridge.com/zh-HK/news/287561815.md) generator: "portal-rs" --- # Trump Says Ceasefire Talks with Iran Moving along Well; Hormuz Said to Reopen 30 Days After Deal US President Donald Trump said negotiations between the US and Iran on extending a ceasefire and a temporary agreement to reopen the Strait of Hormuz are moving along well. He added that Iran's enriched uranium could be destroyed on site or eliminated at another acceptable location. As the main coordinator between the warring parties, Pakistan Army Chief Asim Munir informed China that the agreement is close to being finalized. The US and Iran, according to Nikkei, are discussing reopening Hormuz around 30 days after both sides seal a deal to cease hostilities, with naval mines in the strait to be cleared during that 30-day period. International oil prices moved in different directions this morning (26th). Brent oil futures for July delivery added 1.64% to USD97.72 per barrel, while New York oil futures for July delivery slid 5.47% to USD91.32 per barrel. ### Related Stocks - [OXY.US](https://longbridge.com/en/quote/OXY.US.md) - [XLE.US](https://longbridge.com/en/quote/XLE.US.md) - [OIH.US](https://longbridge.com/en/quote/OIH.US.md) - [XOP.US](https://longbridge.com/en/quote/XOP.US.md) - [XES.US](https://longbridge.com/en/quote/XES.US.md) - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) - [VDE.US](https://longbridge.com/en/quote/VDE.US.md) - [CRAK.US](https://longbridge.com/en/quote/CRAK.US.md) - [IEZ.US](https://longbridge.com/en/quote/IEZ.US.md) - [IEO.US](https://longbridge.com/en/quote/IEO.US.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [IXC.US](https://longbridge.com/en/quote/IXC.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) ## Related News & Research - [Brent holds above $100 as tanker attacks deepen supply fear](https://longbridge.com/en/news/298520925.md) - [Oil prices set to end week over $100 for first time in nearly 4 months](https://longbridge.com/en/news/298661520.md) - [Mapping the Market: Mind the gap in US oil as Iran tensions escalate](https://longbridge.com/en/news/298712793.md) - [Hormuz traffic slows after Iran threatens retaliation for US attacks](https://longbridge.com/en/news/298252567.md) - [Inflation holds steady at elevated level as Iran war pushes up gas prices](https://longbridge.com/en/news/298734363.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**