Vance says Strait of Hormuz open, Iran to allow IAEA inspectors back

BUERGENSTOCK, Switzerland, June 22– U.S. Vice President JD Vance said here on Monday that the Strait of Hormuz is open and crude oil and natural gas are flowing through. “We wanted to build a mechanism for keeping the Strait of Hormuz open.

It is open,” said Vance as he delivered remarks after the first session of U.S.-Iran talks concluded at central Switzerland’s Buergenstock resort. Gas prices and oil prices come down, millions and millions of barrels of crude and natural gas are flowing through the Strait of Hormuz that weren’t flowing before, he added.