The U.S. Vice President expressed optimism about recent developments with Iran, noting that a mechanism has been established to keep the Strait of Hormuz open. Around 15 million barrels of oil have already passed through the strait. He said the cease‑fire talks are proceeding positively and that technical negotiations will continue. For the first time in months, Iranian authorities have allowed inspectors to enter the country, though further releases of Iranian funds will depend on continued progress.