President Donald Trump says Iran has agreed to the highest level of International Atomic Energy Agency inspections extending indefinitely, a claim Tehran rejects.The assertion follows a memorandum of understanding signed after technical talks in Switzerland and opens a 60-day window for negotiators to seek a broader accord on nuclear restraints and sanctions relief.Trump says unfrozen Iranian assets will be placed in an escrow controlled by the US to buy food and medical supplies from American suppliers, while Iranian officials Esmaeil Baqaei and Ali Bahreini deny any commitment to new inspections or US control of funds.Oman and
Iran form a working group to manage passage through the Strait of Hormuz and the US issues a Treasury waiver permitting Iranian oil sales until August 21 as maritime traffic begins to normalize.