HomeAmericaVance says 60-day period in Iran deal begins Thursday

Vance says 60-day period in Iran deal begins Thursday

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WASHINGTON, June ‌18 (Reuters) - U.S. Vice President JD Vance ​said the 60-day window laid out in a ⁠memorandum of understanding approved by President Donald Trump and Iranian leaders begins on Thursday.

"I ​would say the 60-day period officially started today," ‌Vance told reporters at a White House briefing.

Asked what happens after the 60-day period in ⁠terms of governance of the ⁠Strait of Hormuz, Vance repeated the U.S. view that the major supply route for oil and gas shipments should be free ‌of tolls. Iran effectively closed the waterway ⁠during the war.

"The final ‌negotiations can set the terms ​of what comes afterwards," Vance said.

The interim pact signed by President Donald Trump and ‌Iranian leaders kicked the ​hardest issuesdown the ⁠road to the next phase of ‌negotiations, with no guarantee ⁠they will ever be resolved.

Most analysts are skeptical the two sides can forge a ​final settlement within ‌the 60-day window laid out in the memorandum ⁠of understanding.

(Reporting by ​Nandita Bose; Writing by Doina Chiacu; Editing ​by Michelle Nichols)

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