The United States has lifted sanctions on Iranian oil for a period of 60 days after discussions in Switzerland, while Washington, Beirut, and Doha collaborate on a strategy to avert a new escalation between Israel and Hezbollah in Lebanon. Stay tuned to CNBC-TV18 for the latest updates from the conflict in West Asia.
It has proposed establishing a telephone hotline to address issues along the waterway more swiftly.
The delicate diplomatic progress between Washington and Tehran has also brought several other advancements. The US has suspended sanctions on Iranian oil for 60 days and indicated movement towards a final agreement. Additionally, it has consented to release frozen assets totaling $12 billion.
US Vice President JD Vance stated that the discussions in Switzerland formed “a very solid foundation” for an agreement, while President Donald Trump asserted that the Strait of Hormuz is now “completely open” and reaffirmed that Iran would never be permitted to acquire a nuclear weapon. Iranian negotiators left Switzerland following an intense day and night of technical discussions.
In Lebanon, hostilities have diminished. The US, Qatar, and Lebanon have engaged in talks regarding a new de-confliction mechanism aimed at preventing further escalation between Israel and Hezbollah, despite Israeli Prime Minister Benjamin Netanyahu claiming that troops would maintain “full freedom of action” in southern Lebanon.
In another development, Qatar confirmed that 12 Indian nationals were among those who lost their lives in the Ras Laffan gas facility incident; the Indian government is working to support impacted families and bring back the remains of the victims.
Stay tuned to CNBC-TV18 for the latest updates on the situation in West Asia, the Swiss negotiations, and regional security matters.
