Nuclear talks
Iran denies new nuclear inspection commitments after Vance claim
Tehran says access to bombed sites remains subject to existing procedures, while Washington says inspections are part of a 60-day sanctions waiver and broader talks
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- Iran talks US-Iran talks yield oil sanctions pause, but inspection dispute remains After the first day of talks in Switzerland, the sides pointed to progress on sanctions and shipping safety while offering conflicting accounts on frozen assets and nuclear inspections
- IMF sees deep contraction as blockade bites IMF projects Iran’s economy will shrink 6.1% in 2026 as inflation soars and rial slides War damage, a near-shutdown of the Strait of Hormuz and tightening sanctions have cut Iran off from trade, pushing prices higher and the currency to about 1.32 million rials per U.S. dollar, according to IMF and analyst estimates