ZURICH (REUTERS)

US Vice President JD Vance said on ⁠Monday that progress has been made in ​talks ‌with Iran, with ⁠Tehran ​agreeing to allow nuclear inspectors and establish mechanisms to ‌handle its frozen assets‌ and manage ceasefires.

Speaking after talks in ​Switzerland, Vance also cited a mechanism to keep the Strait of Hormuz ‌open, with ​technical talks set to continue in the days and ​weeks ‌to ⁠come.

Conversations over nuclear inspections in Iran could start as soon as this week, he said.