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Vice President J.D. Vance reported progress in negotiations held in Switzerland. Iran agreed to readmit IAEA inspectors after closing the Strait of Hormuz amid disputes over Lebanon strikes.
upi.comU.S. Vice President J.D. Vance said on Monday that negotiations with Iran at Bürgenstock, Switzerland, had made very good progress. Iran agreed to allow International Atomic Energy Agency inspectors back into the country, a step Vance called a major milestone for the American people and the first step in permanently ending a nuclear weapons program in Iran.
The talks continued despite strains over the weekend. Iran announced it had closed the Strait of Hormuz because of Israeli strikes on Lebanon, which it said violated the ceasefire. Vance acknowledged some threatening and whining during the period but stated that the talks still advanced.
Vance added that a deconfliction mechanism is now in place to avoid escalation in the region. Iran's Foreign Minister Abbas Araghchi separately said the talks had yielded major progress, cnbc.com reported.
nbcnews.comVice President JD Vance announced that Iran will allow International Atomic Energy Agency experts to resume operations inside the country. Washington also said it will lift sanctions on Iranian oil exports and reopen the Strait of Hormuz. Tehran stated it made no new commitments…
The U.S. Treasury Department issued a general license allowing the production, delivery and sale of Iranian-origin crude oil, petrochemical products and petroleum products. The license remains valid through August 21.
insurancejournal.comA technical accident at the Barzan local gas supply facility in Ras Laffan killed 13 workers and injured 66 others on Sunday night. Qatar's energy minister said the blast was not sabotage and would not affect exports.