Vance says talks with Iran set ‘good foundation’ to reach permanent deal to end war
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Vance says talks with Iran set ‘good foundation’ to reach permanent deal to end war
AP News-June 22nd 2026
Here’s what we’re following:
- Vice President JD Vance said Monday peace talks with Iran created a “good foundation for a successful final deal” to end the war that began at the end of February. Vance’s comments came after he and Iran’s parliamentary speaker Mohammad Bagher Qalibaf wrapped up a lengthy round of initial talks aimed at solidifying a permanent end to the war between the countries.
- President Donald Trump on Saturday lashed out at Italian Prime Minister Giorgia Meloni, insisting that she asked “over and over” for a photo with him at the recent Group of Seven summit and criticizing what he said was Italy’s lack of cooperation during the Iran war. The remarks deepen the spat that began this week, which ultimately led Italy’s foreign minister to cancel a planned trip to the United States.
- Trump on Saturday announced that federal authorities had made “multiple arrests” of people he said were vandalizing the Reflecting Pool as he struggled to explain why the $14-million-plus rehabilitation project he launched for the nation’s 250th anniversary seemingly backfired
Ships continue to transit the Strait of Hormuz after weekend talks between the US and Iran
According to data and analytics firm Kpler, there were 71 confirmed transits over the weekend, with a peak of 35 crossings Saturday. About 100 to 130 vessels passed through the strait each day before the war.
The main central route of the Strait of Hormuz is still mined and is closed. But ships have been passing through the smaller northern route, which goes through Iranian waters, and the southern route, which goes through Omani waters.
US stocks drift near their records in mixed trading after oil prices fall
The S&P 500 slipped 0.3%, coming off its 11th winning week in the last 12, and pulled 1.7% below its all-time high set early this month. The Dow Jones Industrial Average was up 131 points, or 0.3%, as of 10:45 a.m. Eastern time, and the Nasdaq composite was 1% lower.
In the oil market, prices eased following talks over the weekend between the United States and Iran on their war. Vice President JD Vance said they created a “good foundation for a successful final deal.”
The price for a barrel of Brent crude oil fell 2.8% to $78.29, closer to its roughly $70 price from before the war. Benchmark U.S. crude oil fell 2.3% to $74.14 per barrel.
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Rubio heads to the UAE, Kuwait and Bahrain as efforts intensify to end the war with Iran
U.S. Secretary of State Marco Rubio will travel to the United Arab Emirates, Kuwait and Bahrain this week as the Trump administration has stepped up efforts to end the war with Iran while Gulf countries remain uneasy about a proposed deal.
The State Department announced Monday that Rubio would visit the three countries for bilateral meetings with leaders to discuss the memorandum of understanding reached last week between the U.S. and Iran, weekend talks in Switzerland between senior Iranian and U.S. officials as well as security for American allies and partners in the Middle East, including the status of the Strait of Hormuz.
Rubio will discuss “regional priorities,” “efforts to secure full and free safe transit through the Strait of Hormuz, and the importance of peace and stability in the region,” the department said in a statement.
While in Bahrain, Rubio will also meet with Gulf Cooperation Council officials “to discuss shared priorities.”
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