The US-Iran memorandum of understanding - a 60-day ceasefire extension, reopening and de-mining of the Strait of Hormuz, lifting of the US naval blockade, sanctions waivers for Iranian oil sales, and a framework for nuclear negotiations - is tentatively agreed at the negotiator level and pending President Trump's approval as of Tuesday June 2. Trump personally edited the draft with "somewhat significant changes" on the Strait of Hormuz terms and the removal of Iran's highly-enriched uranium stockpile; Tehran has not yet responded to the edited version. Vice President Vance says the two sides are "very close" but "not there yet" and that whether Trump signs is "still TBD." Trump ended a White House Situation Room meeting without announcing a final decision. The June 1 negotiation collapse has effectively un-collapsed, but the memorandum remains unsigned by either side.