US eases Iran oil sanctions for 60 days after Swiss nuclear talks
Why it matters: The move could restore some Iranian crude exports through Aug. 21 while Washington tests whether negotiations can curb Tehran's nuclear program.
The United States temporarily lifted oil sanctions on Iran for 60 days after high-level talks in Switzerland that the Trump administration described as productive. President Donald Trump and Vice President JD Vance pointed to progress on Iran’s nuclear program, while officials in Tehran said the meetings produced no new commitments. The sanctions relief, which runs through Aug. 21, could allow more Iranian oil exports if the diplomatic opening holds. The talks took place at the Bürgenstock Resort in Switzerland as Washington and Tehran tried to keep negotiations alive amid wider tensions over regional security and energy flows.