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United States Suspends Iran Oil Sanctions and Announces Return of Nuclear Inspectors

United States Suspends Iran Oil Sanctions and Announces Return of Nuclear Inspectors

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The United States temporarily lifted sanctions on Iranian oil following Vice President JD Vance’s announcement that Iran would permit UN nuclear inspectors to return to the country. Iran, meanwhile, reaffirmed its intent to retain authority over the Strait of Hormuz.

Donald Trump
Republican Party
1. If Iran doesn't live up to their agreement, or if they're not behaving, I will do what I have to do.
2. Oil prices are tumbling down, and the World is a much safer place!!!
3. Money and/or Sanctions that the U.S. Treasury is releasing goes into escrow, controlled by the U.S.A., and will be used for the purchase of food and medical supplies, exclusively from the United States, including Corn, Wheat, and Soybeans from our great American Farmers.
4. However, all ships are remaining in place should it be necessary to reinstitute the Blockade, which seems, at this point, highly unlikely.
5. Based on this and other major concessions being made by Iran, I have agreed to allow the Hormuz Strait to remain OPEN, with no further Naval Blockade.
6. These are things that are desperately needed by Iran. This is a humanitarian crisis, and I feel it is necessary to help, NOW, before it is too late. Talks are going well! Thank you for your attention to this matter.
7. This will insure 'Nuclear Honesty.' If they ‌did not ‌agree to this, there would ‌be ⁠no further negotiations!
8. Iran has fully and completely agreed to highest level Nuclear inspections long into the future (Infinity!!!).
9. We have total control of the strait. We have a navy, there was a blockade, which was more effective than dropping bombs. We're doing very well with respect to the Hormuz Strait. We took in more oil yesterday than has ever gone through the strait... We have an open strait and we have a country that will never have a nuclear weapon.
James David Vance
Republican Party
1. That is a major milestone for the American people and the first step in permanently denuclearising or permanently ending a nuclear weapons program in Iran.
2. The Iranians have agreed to invite IAEA inspectors back into their country.
3. As you can expect, not many people are answering their phone at two in the morning.
4. We set the foundation. We haven't built the house, but we've laid a successful foundation to get to a good place for the American people.
5. We laid a very good foundation for a successful final deal.
António Guterres
United Nations
1. For many developing countries, this is not just an energy crisis. It's a debt, food & development shock. Any peace agreement would bring much needed relief, but the impacts are likely to be long-lasting.
2. Conflict in the Middle East has unleashed the mother of all energy shocks.
Abbas Araqchi
Iranian Foreign Ministry
1. Oil and petrochem exports are waived, blockade lifted, some frozen assets released, and major reconstruction & development plan launched for Iran.
Esmaeil Baqaeil
Iranian Foreign Ministry
1. We have not had a meeting with the director general of the IAEA, nor do we have any plans for the agency to inspect Iran's nuclear facilities damaged by the US and Zionist military aggression.
Mohammad Bagher Ghalibaf
Iranian National Security Council
1. Iran has the right to sovereignty over the strait of Hormuz and of course we will receive a fee for services.
2. Of course, we believe we are still at the beginning of this work and must continue our efforts.
3. In my view, this trip had good achievements, especially regarding the discussion of the Strait, the Lebanon discussions, the question of oil waiver, and the matter of releasing the frozen funds.
4. The Strait of Hormuz will never return to its pre-war conditions and will be administered by the Islamic Republic of Iran, in accordance with international law.
5. If Americans have any objection to anything, or if any vessels or ships need clarity on any route or anything, they can call.
6. As you've seen, on some nights there have even been clashes.
7. Naturally, just as problems may arise in Lebanon or elsewhere, problems can also arise in the Strait of Hormuz.
8. Iran has never trusted the Americans and never will.
Hassan Hassanzadeh
Iranian Revolutionary Guards
1. The farewell ceremony and prayers for the martyred leader's body will be held on Saturday and Sunday, 4 and 5 July, in Tehran's Grand Mosalla, and the funeral will be held on Monday, 6 July, and Tehran province will be off for these three days.
Neil Newman
Astris Advisory Japan
1. We've had eight days of strong markets. The market was up for about 12.5%, and now it has cooled off a little bit.

United States Suspends Iran Oil Sanctions and Announces Return of Nuclear Inspectors

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