The US temporarily suspends sanctions against Iran.

The US Treasury Department announced it has temporarily suspended sanctions on Iranian oil for 60 days, until August 21st.

The Burgenstock resort in Switzerland, where negotiations between the US and Iran took place (Photo: Xinhua News Agency)

The sanctions exemption allows Tehran to sell crude oil and related products and receive payments for these transactions.

Iranian Foreign Minister Abbas Araghchi also announced that Tehran had reached an agreement on sanctions waivers for oil and petrochemical exports, the release of some frozen assets abroad, and the launch of a plan for national reconstruction and development.

The decision was made following talks between the US and Iran in Switzerland last weekend. US Vice President JD Vance said the talks laid a good foundation for a final peace agreement.

You may also like

Ukrainian Navy delivers a lightning strike, sinking Russian supply ship in the Black Sea.The Ukrainian Navy has destroyed a Russian supply ship that was providing support to frontline forces in the Black Sea region, according to United24media.

Ukraine attacks military factory in Volgograd; Russia destroys 2 MiG-29 fighter jets.The Ukrainian army used Flamingo long-range missiles to attack a Russian factory that manufactures missile launchers in the city of Volgograd.

Ukraine launched a series of attacks, forcing Russia to declare a state of emergency in Crimea.Authorities in Crimea, the Black Sea peninsula controlled by Russia, declared a state of emergency on Friday (June 26) after weeks of intense drone attacks from Ukraine, causing significant damage to the region's infrastructure, according to The Washington Post.

The parties discussed bringing nuclear inspectors back to Iran, handling frozen assets abroad, and maintaining ceasefire mechanisms in regional hotspots.

The US Vice President also emphasized that any frozen Iranian assets, if released in the future, would be strictly managed and used for civilian purposes.

For its part, Tehran issued cautious statements. A spokesperson for the Iranian Foreign Ministry stated that the country had not yet discussed the nuclear issue in detail.

Regarding information about Iran's commitment to allowing inspectors from the International Atomic Energy Agency (IAEA) to return to the country, the Iranian Ministry of Foreign Affairs affirmed that Tehran has not made any commitments related to cooperation with the IAEA.

United States - Vietnam: Don't miss

Vietnam encourages US businesses to expand investment in high technology.On the morning of June 26th, at the Government Headquarters, Deputy Prime Minister Ho Quoc Dung received Mr. Jeff Place, Supply Chain Director of Coherent Group (USA). During the meeting, the Deputy Prime Minister affirmed that Vietnam encourages US businesses to expand investment, especially in high-tech, innovation, and semiconductor industries.

Encourage U.S. businesses to expand investment in high-tech sectors.Deputy Prime Minister Ho Quoc Dung said that Vietnam welcomes US businesses to continue expanding their operations in Vietnam, especially in high-tech industries and sectors with high added value.

Vietnam and the United States strengthen cooperation in addressing the consequences of war.VTV.vn - On June 22, General Secretary and President To Lam received Acting Secretary of the US Navy Hung Cao.

Source: https://nhandan.vn/my-tam-dinh-chi-trung-phat-iran-post971029.html