President Trump said on Friday that he's convening his national security team in the White House Situation Room to make a final decision about the agreement reached between U.S. and Iranian negotiators.
Why it matters: The signing of the memorandum of understanding (MOU) would be the most significant diplomatic breakthrough since the war started, but a final agreement tackling Trump's nuclear demands would require further negotiations.
The text of the MOU " which involves a 60-day ceasefire extension and the reopening of the Strait of Hormuz " was largely agreed as of Tuesday, but Trump told the mediators he needed more time to make a decision.
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