U.S. and Iran Reach Deal on Nuclear Inspections and Strait Access

A U.S. statement said an agreement has been reached that will ensure nuclear transparency and that talks are continuing. The announcement also covered the Strait of Hormuz.

Funds previously held under sanctions will move into U.S.-controlled escrow accounts. The money will be used only to buy food and medical supplies from the United States, including corn, wheat, and soybeans. The statement described the purchases as addressing urgent needs inside Iran and framed the step as a humanitarian measure.

Iranian state media reported that the United States is preparing to unfreeze approximately $12 billion in assets. No official confirmation of the amount or timing was provided in the U.S. statement. " — President Donald J. " — President Donald J.