U.S. Vice President JD Vance says a 60-day negotiation period under an interim US-Iran understanding begins on Thursday. Multiple outlets report that Vance made the remarks at a White House briefing, after the interim arrangement and related framework steps were completed. One group of reports states that an interim agreement starts ahead of the 60-day window, with Vance describing that “the deal started yesterday” while the 60-day period begins Thursday. Reports also say the arrangement follows a memorandum of understanding that has been approved by President Donald Trump and Iranian leaders.

On the Strait of Hormuz, France 24 reports that oil has flowed through the waterway following the signing of a memorandum of understanding between the United States and Iran. Other reporting highlights Vance’s stated U.S. position that the major route for oil and gas shipments should remain free of tolls. Sources also note that the interim pact defers the hardest issues to later talks, and some analysts doubt a final settlement will be reached within the 60-day timeframe. Overall, the sources describe the start of the next negotiation phase and outline key disputed governance and shipping terms for the interim period.