US Vice-President JD Vance has hailed a 'major milestone' in talks for long-lasting peace with Iran, claiming Tehran has agreed to allow weapon inspectors to enter Iran and limit its nuclear facilities to peaceful use. The VP was left to deescalate tensions after Donald Trump threatened to bomb Iran again over the closure of the Strait of Hormuz. JD Vance says Washington and Tehran have agreed to keep the shipping passage open and create a line of communication to prevent future misunderstandings. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-06-21/us-iran-vance-switzerland-peace-agreement/106824984 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia #abcnewschannel

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