Mediators report progress in US-Iran talks to ease Lebanon and Hormuz tensions

Negotiations in Switzerland yielded progress between the US and Iran, with Iran reportedly having sanctions on oil waived and some assets released, a reconstruction and development plan launched, and the creation of a High Level Committee and a de-confliction line for the Strait of Hormuz. A de-confliction cell involving Lebanon is to help end military operations there, mediated by Qatar and Pakistan. Talks previously stalled after Trump threatened to bomb Iran, and the Lebanon-Israel-Hezbollah conflict remains a major obstacle to a final peace deal.