Iran's chief negotiator, Mohammad Ghalibaf, announced the successful conclusion of technical talks with the United States in Switzerland. He stated that an agreement was reached to release $12 billion in frozen assets.

Negotiators from the US and Iran are working towards a final, comprehensive deal, but both countries have issued conflicting statements regarding nuclear inspections and the Strait of Hormuz. The situation remains tense as discussions continue, highlighting the ongoing disagreements between the two nations.

Iran is observing the developments of ongoing negotiations with the United States, which are expected to be complex and protracted. This comes amid internal political disputes within Iran, leading to a cautious optimism among its citizens regarding the potential outcomes of the deal.

On day 117 of the ongoing conflict, Iran and the United States are in disagreement over nuclear inspections and the strategic Strait of Hormuz, as negotiators aim to finalize a deal within the next 60 days. Additionally, the US Senate has taken steps to limit the war powers of the executive branch, according to Al Jazeera.

US Vice President JD Vance was involved in direct talks with Iran at a luxury resort in Switzerland, as reported by BBC correspondent Jessica Parker. The discussions aimed to address key issues between the two nations, although specific details of the talks have not been disclosed.

Iran has characterized the ongoing diplomatic negotiations aimed at resolving the Middle East conflict as a 'declaration of US defeat.' As talks progress, negotiators are preparing for further discussions to address the situation in the region, according to The Citizen.