The U.S. and Iran are close to signing a deal involving a 60-day ceasefire extension, during which the Strait of Hormuz would be reopened, Iran would be able to freely sell oil and negotiations would be held on curbing Iran’s nuclear program, Axios reported on Saturday, citing a U.S. official.

Trump has declared himself the “President of Peace” who has ended ten wars around the world. But his ceasefires are interruptions, not resolutions, to conflicts.

The United States and Iran are reportedly close to finalizing a deal that involves a 60-day ceasefire extension. During this period, the Strait of Hormuz would be reopened, allowing Iran to sell oil freely.

President Donald Trump announced a three-day ceasefire between Russia and Ukraine over the weekend, after Moscow pushed Kyiv for a temporary truce to allow Vladimir Putin to host a parade in his capital.

President Volodymyr Zelenskyy and Yuri Ushakov, President Vladimir Putin's foreign affairs adviser, both confirmed the agreement for a three-day ceasefire and an exchange of prisoners.

Iran is using the extended ceasefire with the U.S. to bolster its combat power, a senior army official said Tuesday, as President Trump boasts the war has decimated Tehran’s military.

Iran warns any new U.S. attacks will bring a "bad result," as President Trump acknowledges the ceasefire is faltering and violence flares in Lebanon.

Iran Ties Any US Ceasefire Agreement to Lebanon