US waives Iran oil sanctions citing progress in talks

🇺🇸 Deutsche Welle (US) —

AI Summary

The US has temporarily waived oil sanctions on Iran, citing progress in nuclear inspection talks and efforts to keep the Strait of Hormuz open. This move suggests a foundation for a potential final deal in US-Iran negotiations.

The US cited progress in talks with Tehran on allowing nuclear inspections and opening the Strait of Hormuz in temporarily lifting oil sanctions. JD Vance said a "foundation" is in place for a final deal. More on DW.

World Politics Markets Deals Commodities Energy US sanctions Iran oil sanctions nuclear talks Strait of Hormuz energy diplomacy

Read original source →