


US President Donald Trump insists Iran has agreed to long-term international nuclear inspections though dismissing repeated denials from Tehran as a fragile peace deal takes hold after three months of conflict.
Following negotiations in Switzerland the US Vice President JD Vance announced that Iran agreed to allow International Atomic Energy Agency (IAEA) inspectors back into its damaged nuclear facilities. However Iran’s Foreign Ministry and UN Ambassador Ali Bahreini firmly denied making any new nuclear commitments.
"They're wrong. They know they're wrong" Trump told reporters, claiming the US has a "100%" guarantee of inspections "at the appropriate time." He added that unfrozen Iranian assets would be placed in an escrow account restricted solely to purchasing US humanitarian supplies like corn, wheat and soybeans.
Despite the conflicting narratives over nuclear oversight, broader de-escalation efforts are progressing. The US Treasury has issued a 60-day sanctions waiver until August 21 temporarily permitting Tehran to sell oil.
Crucially for global trade UN's International Maritime Organization (IMO) has launched a massive evacuation operation. The initiative aims to safely maneuver 11,000 stranded seafarers and hundreds of commercial ships trapped in the Gulf after Iran effectively blocked the Strait of Hormuz during the war. The IMO confirmed it has secured the necessary safety guarantees to navigate this vital global energy chokepoint.
The ongoing diplomatic talks mediated by Qatar and Pakistan aim to establish specialized working groups in the coming days to formally address both sanctions relief and Iran's nuclear activities.