US Vice President J.D. Vance announced on June 22 that Iran had agreed to invite International Atomic Energy Agency inspectors back into the country. Iran’s Foreign Ministry responded the same day by saying there were “no new commitments” on nuclear inspections. Vance described the reported agreement as a “major milestone” for denuclearization.

The exchange came against the backdrop of ongoing talks in Switzerland, the most direct diplomatic engagement between Washington and Tehran in years. The US Treasury announced a 60-day general license authorizing the production, delivery, and sale of Iranian oil, the first significant relief on Iranian oil sanctions in years.

What actually happened in Switzerland

The Swiss talks stem from a memorandum of understanding dated June 17, covering nuclear inspections, transit through the Strait of Hormuz, war reparations, and comprehensive sanctions relief.

Iranian officials confirmed only a “very brief discussion” on nuclear issues took place, with no new pledges made.