NPR News: 06-23-2026 1AM EDT

Giles Snyder· Host0:00

Live from NPR News, I'm Giles Snyder. The US is waiving sanctions on Iranian oil as part of an interim agreement. The development emerged Monday as Vice President JD Vance wrapped up talks with Iranian officials in Switzerland to end the war the US and Israel began in February. Vance says Iran has agreed to allow UN nuclear inspectors into the country, but a spokesperson for Iran's foreign ministry told a state news agency that Iran has made no new commitments for inspections, as NPR's Franco Ordoñez reports.

Speaker 20:34

Vance said the US team of negotiators made very good progress and met several objectives. That includes establishing a mechanism to demine the Strait of Hormuz and another to help maintain the ceasefire in Lebanon. But he said they were most excited that nuclear inspectors from the International Atomic Energy Agency would be returning to the country.

J.D. Vance· Soundbite0:53

The, the final deal is the house. We, we set the foundation. We haven't built the house, but we've laid a successful foundation to get to a good place for the American people.

Speaker 21:02

Vance also addressed the possibility of unfreezing Iranian assets, which he said the US and Qatar would manage. Franco Ordoñez, NPR News, the White House.

Giles Snyder· Host1:11

Diplomacy between the US and Iran is translating into some relief at the pump. The price tracking service GasBuddy says the national average fell fourteen cents over the last week to three dollars, eighty-five cents a gallon. Energy Secretary Chris Wright forecasting lower gas prices ahead, suggesting