U.S. Lifts Iranian Port Blockade as Iran Agrees to Dilute Enriched Uranium Under Interim Deal

-Israeli war on Iran. The signing set in motion a 60-day period for talks on wider issues, including Iran's nuclear programme. American forces allowed at least 12 ships to pass through the Strait of Hormuz after enforcing the blockade, Vice President JD Vance said.

Three Saudi oil tankers left the Gulf through the strait on Thursday, maritime trackers said, while the loaded liquefied natural gas vessel Mraikh became the first French LNG vessel to transit the strait since the start of the conflict. Before the war, the strait saw around 120 transits per day, according to the shipping journal Lloyd's List.

U.S. Military stated that American warships will remain in the general area. Planned talks in Switzerland were scheduled for Friday following the signing. Vice President JD Vance said he planned to go to Switzerland for technical negotiations with Iran this weekend rather than Friday, but stated that the plan could change.

In Iran, the Tasnim agency said nothing has been confirmed about the Iranian delegation's trip to Switzerland. Under the interim peace deal, Washington commits to immediately waive oil sanctions crippling Iran's economy. Once a final agreement is reached on Iran's nuclear programme, the United States will facilitate the release of a $300 billion reconstruction fund supported by regional nations.

US officials stated that Iran would dilute its enriched uranium stocks, possibly by down-blending on site under the supervision of the UN nuclear watchdog. Iran's ballistic missile programme was not mentioned in the interim peace agreement. -Israeli conflict with Iran lasted five weeks until a ceasefire was struck in early April.