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.
What's next: The delay clouds a 60-day push to turn the interim pact into a broader deal on Iran's nuclear program and sanctions.
What’s new: The White House scrapped Vance’s planned Switzerland trip as Republicans attacked sanctions relief and a 60-day ceasefire.
Why it matters: The pact gives negotiators 60 days to settle Iran's nuclear program as oil prices fall and Lebanon fighting continues.
What's next: negotiators are due in Geneva on June 19 to tackle harder issues, including Iran's nuclear program and a lasting truce.
What’s new: The interim pact front-loads oil-export waivers and could unlock billions in frozen Iranian funds before a final deal.
Why it matters: The truce reopens the Strait of Hormuz, a route that carried about 20% of global oil before the war.
Why it matters: The strait handles about 20% of global oil flows, but analysts expect shipping and gas prices to take weeks to normalize.
Why it matters: The 21-3 vote adds pressure to nuclear talks as inspectors still lack access to material that could be refined for 10 bombs.
What's new: Prosecutors say Jamshid Ghomi moved more than $15 million through offshore intermediaries and used some of it on a $35 million mansion.
What’s new: Tehran is discussing parts of its nuclear program it had previously refused to address, Rubio told senators.