Vance Says 'Good Progress' Made in Talks With Iran

Summary

US Vice President JD Vance reported good progress in talks with Iran, laying groundwork for finalized negotiations. Updates included agreements on a deconfliction cell, potential return of inspectors, and a mechanism to keep the Strait of Hormuz open. Oil tanker traffic through the strait is resuming, and empty Qatari LNG tankers are transiting, while Vance floated the idea of unfrozen Iranian assets being used to buy American agricultural products.

• Vance says good progress made, foundation laid for finalized Iran talks later this week.
• Parties discussed a deconfliction cell to extend ceasefire to Lebanon and Iranian threats to walk out after Trump's remarks.
• Iran agreed to invite inspectors back as soon as this week.
• Mechanism to keep Strait of Hormuz open discussed; Centcom confirmed 55 oil tankers transited Saturday.
• Bloomberg data shows four empty Qatari LNG tankers transiting the strait, the highest number seen.
• Vance suggested unfrozen Iranian assets could be used to purchase American agricultural products.