Iran-US war latest: US waives Iran oil sanctions as Tehran disputes Vance’s nuclear inspection claims (opens original article in a new tab)

The US partially lifts sanctions on Iranian oil exports following talks to end the war, but Iran disputes claims about allowing nuclear inspections, while oil prices decline.

• US partially lifts sanctions on Iranian oil exports with a 60-day waiver
• Iran denies claims that it agreed to allow nuclear inspectors back into the country
• Iran's negotiator insists on managing the Strait of Hormuz under international laws
• Oil prices fall as investors await progress in restoring crude flows through the Strait of Hormuz