The United States temporarily suspends sanctions on Iranian oil following progress in talks with Tehran, officials say. The move is linked to an expected return of UN nuclear inspectors to Iran and to steps that would help reopen maritime access in the Strait of Hormuz. According to reports, Vice President JD Vance says the two sides have established a “foundation” for a possible final agreement.
All accounts describe the decision as part of a staged process. After a memorandum of understanding between Washington and Tehran laying groundwork for negotiations, the parties are moving toward renewed technical discussions. One report says conditions are set for 60 days of technical talks in Switzerland aimed at securing a longer-term settlement. Another account similarly describes the suspension as pausing sanctions for a 60-day period.
The sources also reference the broader context in which the talks occur, including a ceasefire situation after nearly 40 days of fighting and subsequent efforts to stabilize conditions. The reporting frames the sanctions pause as temporary and contingent on the agreed steps regarding inspections and related measures.