The United States granted a 60-day exemption on Iranian oil sales under General License X through August 21, while Iran agreed to readmit international nuclear inspectors and release of $12 billion in frozen funds in two $6 billion tranches. Technical talks occurred in Switzerland, with a high-level committee including Mohammad Bagher Ghalibaf, Abbas Araghchi, and JD Vance set to oversee the next phase. A ceasefire continues to hold in Lebanon on day 116 of the conflict, and Israel-Lebanon talks are scheduled in the US.