Vance says UN nuclear inspectors will return to Iran as US suspends sanctions
Summary
The United States has temporarily lifted sanctions on Iranian oil after Iran agreed to let UN nuclear inspectors return to the country. This move follows talks aimed at restarting negotiations to control Iran’s nuclear program and ensure safe passage through the Strait of Hormuz.Key Facts
- US Vice President JD Vance announced Iran would allow UN nuclear inspectors back into the country.
- The US temporarily suspended sanctions on Iranian oil until August 21, 2026.
- The decision followed recent talks held in Switzerland between US and Iranian officials.
- Tehran committed to allowing "free and open transit" through the Strait of Hormuz.
- The International Atomic Energy Agency (IAEA) inspectors had limited access since Iran blocked them from some nuclear sites after a 2025 conflict.
- The US Treasury Secretary said sanctions relief is linked to Iran’s cooperation with inspectors and regional stability.
- There is a plan to unfreeze some Iranian assets, but these would be used to buy US goods like soybeans.
- Iran’s Foreign Ministry said detailed nuclear discussions have not yet started despite some agreements.
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