Trump Adjourns Meeting Without Decision on Iran

President Trump held a two-hour meeting with top advisers in the White House Situation Room on Friday after posting he planned "to make a final determination" on a deal with Iran. But he left without revealing a decision, the New York Times reports. There was no word on why the president postponed the call. The meeting came a day after reports emerged that negotiators had hashed out a 60-day "memorandum of understanding" to reopen the Strait of Hormuz and extend the truce, reports the AP. Vice President JD Vance said on Thursday that the US and Iran were "very close" to finalizing the MOU, though he stopped short of predicting what Trump would do, notes Axios.

Iranian Parliament Speaker Mohammad Bagher Qalibaf, meanwhile, wrote Friday on X that his country has "no trust in guarantees or words," only actions, and that "no step will be taken before the other side acts." US stock markets were up modestly amid hopes of an agreement, and the price of Brent international crude had ticked down about 1% to $92.56 a barrel, notes CNBC.