US Had 'Very Good Day' Speaking With Iran, Vance Says

Summary

US Vice President JD Vance reported significant progress in talks with Iran, including a mechanism to keep the Strait of Hormuz open, deconfliction for regional ceasefires, an Iranian agreement to allow IAEA inspectors, and the setup of technical negotiations. He noted oil and gas prices have declined as a result.

• JD Vance called Saturday's Iran talks a 'very, very good day' with major progress.
• A coordination mechanism for the Strait of Hormuz was established to maintain oil and gas flows.
• Vance cited lower oil and gas prices as a direct outcome of the strait remaining open.
• A deconfliction system was set up for regional ceasefires involving Hezbollah, Israel, and others.
• Iran agreed to invite IAEA inspectors back, marking a step toward permanent denuclearization.
• Technical negotiations will continue with oversight while Vance returns to the US.