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Event Brief

US-Iran talks in Switzerland include oil waivers and asset release

The US and Iran finalized a framework in Switzerland covering a 60-day oil waiver and release of frozen Iranian assets.
WHO: US and Iran
WHAT: Finalized diplomatic talks framework including a 60-day US waiver for Iran’s oil and petrochemical exports and release of about $12 billion in frozen Iranian assets
WHEN: Jun 24, 2026 at 10:44 PM ET
WHERE: Switzerland
WHY: To end months of escalation and open a new chapter of regional diplomacy

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