U.S. and Iranian negotiators reached a tentative agreement Thursday to extend the ceasefire in the 3-month-old war by 60 days and launch talks on Iran’s nuclear program, according to a U.S. official familiar with the matter.

President Trump spoke to reporters during his Cabinet meeting on Wednesday at the White House, where he insisted negotiations with Iran are progressing and touted U.S. border control policies. CBS News' Nancy Cordes has more.

The convening will be Trump’s 12th cabinet meeting of his second term, and is expected to focus on the ongoing war with Iran, the economy, and other foreign policy updates.

The American strikes were the second set this week, while Tehran said it targeted a US air base in the region.

The U.S. military carried out new strikes in Iran targeting a military site that officials believed posed a threat to U.S. forces and commercial shipping in the Strait of Hormuz, a U.S. official said,

US President Donald Trump has said he is "not satisfied" yet with the terms of the deal being negotiated with Iran. He said Tehran was "very much intent" on reaching an agreement to end the conflict,

Negotiations continue as President Trump hopes to reach a peace deal with Iran. Oil prices fall on reports that US, Iran may be close to deal to end the war

President Donald Trump said he was “not satisfied” in negotiations with Iran to end their almost three-month war, damping expectations for an imminent breakthrough.