US waives Iran sanctions, Trump says he will ‘do what I have to’ if Tehran misbehaves
ONP Summary
The United States has temporarily waived sanctions on Iranian oil exports for two months through August 21, 2026, as negotiations on a broader nuclear and regional peace agreement advance. In exchange, Iran committed to allowing International Atomic Energy Agency nuclear inspections and maintaining open maritime transit through the Strait of Hormuz.
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US Vice President JD Vance says talks with Iranian officials in Switzerland has laid a good foundation for a final peace deal, although Iran denies that it had begun discussions of its nuclear program ...