Vance: Strait of Hormuz to Remain Open After Iran Talks

US Vice President JD Vance has hailed the latest round of negotiations with Iran as "very productive," saying significant progress was made on key regional and global security issues.
Speaking about the discussions, Vance said negotiators reached agreements designed to keep the strategic Strait of Hormuz open, preserve a regional ceasefire, and expand nuclear inspections inside Iran.

According to Vance, the talks also contributed to stability in global energy markets. He noted that approximately 15 million barrels of oil had entered the market, helping to ease concerns over supply disruptions.

"We saw, we think, about 15 million barrels of oil come out. That's one of the reasons why oil is so low right now," Vance said. "Obviously that means lower gas prices, and gas prices are going to keep coming down."

The Strait of Hormuz remains one of the world's most important maritime chokepoints, with a significant share of global oil exports passing through the waterway. Any disruption in the region can have major implications for energy prices and international trade.

Vance also emphasized the importance of maintaining regional stability, stating that negotiators had established mechanisms to support the ceasefire and address future disputes.

"We actually set up the right mechanism to ensure the regional ceasefire, to manage the inevitable conflicts that will come up. We feel great about that," he said.

The remarks come amid ongoing diplomatic efforts aimed at reducing tensions in the Middle East, safeguarding energy supplies, and strengthening oversight of Iran's nuclear activities.