WASHINGTON, May 28 (Reuters) - The U.S. and Iran have reached agreement on a memorandum of understanding to extend their ceasefire for 60 days but President Donald Trump has yet to approve it, a source familiar with the matter told Reuters.The news was first reported by Axios.The Trump administration has several times said that a deal to still the fighting was close only to have Iran dispute or downplay the claims.

The deal would extend the ceasefire for 60 days.

The United States and Iran have reportedly reached a tentative agreement on a 60-day memorandum of understanding aimed at extending the current ceasefire and reopening…