(LEAD) Bessent: Iran commits to 'free, open' Hormuz transit, return of IAEA inspectors in Switzerland talks (opens original article in a new tab)

Iran pledged to allow free passage through the Strait of Hormuz and accept IAEA inspectors, while the U.S. authorized temporary oil sales as part of ongoing peace talks.

• Iran committed to allow free and open transit in the Strait of Hormuz
• Iran agreed to permit IAEA inspectors to return to the country
• U.S. issued a 60-day general license for Iranian oil production and sale