During a White House press briefing, Vance stated, "I can officially say that the 60-day negotiation period has begun today." Counting from June 18, the deadline is set for August 16.
The U.S. and Iran agreed through the MOU to reopen the Hormuz Strait and lift U.S. maritime blockade measures. Both sides plan to engage in follow-up discussions regarding nuclear programs and sanctions relief during this period.
Vance confirmed, "In accordance with the agreement, the U.S. Navy has lifted the blockade." He added, "Last night, 12.5 million barrels of oil passed through Hormuz, and navigation is resuming."
However, the schedule for follow-up meetings remains fluid. Vance noted, "A delegation meeting is planned for this weekend, but it could change."
Initially, both parties were set to hold an official signing ceremony for the MOU and subsequent discussions in Switzerland on June 19. However, the schedule was adjusted following remote signing procedures the previous day.
Regarding economic compensation, Vance stated, "It will only be possible when Iran fully complies with its commitments and changes its behavior." He also emphasized, "No U.S. funds will be involved."
This statement appears to address domestic criticism in the U.S. regarding promises of excessive compensation without clear denuclearization measures.
Vance urged Israel to respect the MOU, stating, "Attacks targeting civilians in Beirut, Lebanon, are unacceptable."
* This article has been translated by AI.
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