Vance Hails ‘Good Day’ of Iran Talks as US Waives Oil Sanctions

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US Vice President JD Vance described recent talks with Iran as very good, as both parties seek a peace deal within two months to end the war. To support these productive discussions in Switzerland, the Treasury Department temporarily waived sanctions on Iranian oil. In exchange, Iran has committed to ensuring free and open transit in the Strait of Hormuz and permitting International Atomic Energy Agency inspections to stabilize the global economy and Middle East region.
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