Vance touted resumed oil flows and falling gas prices but a planned Friday ceremony in Switzerland was called off, clouding the path to a final nuclear deal.

The 14-point memorandum of understanding starts a 60-day clock for nuclear negotiations, but Europe has no formal seat at the table.

The 14-point memorandum halts fighting, reopens the Strait of Hormuz, and lifts oil sanctions while deferring nuclear and reconstruction details to negotiations.

Her chief of cabinet shared the message at a private dinner to quell concerns about a planned restructuring of Commission departments.