Burgenstock, June 22 -- US Vice President JD Vance on Monday claimed that Iran would allow nuclear inspectors to return to the country after what he called a "very, very good" first day of US-Iran negotiations in Switzerland. He stated that this progress established a "good foundation" for a potential final agreement.

On Monday, the United States confirmed a temporary suspension of sanctions on the Iranian oil industry, enabling the Islamic Republic to produce, market, and transport crude oil and associated commodities until 21 August.

US Treasury Secretary Scott Bessent explained that the decision to pause these restrictions was based on Tehran's commitment to ensuring "free and open transit" in the Strait of Hormuz and its agreement t...