US and Iran ‘have reached a deal – and are awaiting Trump’s sign-off’

The US and Iran have reached a deal to extend the ceasefire and open new negotiations on Tehran’s nuclear programme, but President Donald Trump has yet to give his final approval, according to a new report.

Citing two US officials and a regional source involved in the discussions, Axios said the two countries agreed to a 60-day memorandum of understanding. 

There was no immediate confirmation of the report, which prompted oil prices to reverse course and trade lower. 

Trump has repeatedly said the end of the war is close, but told the media at a cabinet meeting on Wednesday he was not yet

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