Vance says Strait of Hormuz to be open toll-free in long term

The United States expects the Strait of Hormuz to be open toll-free in the long term, Reuters reports citing Vice President JD Vance.

In an interview on CNBC, Vance also says Iran’s foreign minister and parliamentary speaker will represent Iran at the signing in Switzerland on Friday, with many details of the deal still to be sorted out.

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