U.S.-Iran deal allows Tehran to immediately sell oil, WSJ reports
Sanctions waivers on oil sales will start immediately, while broader relief stays tied to Iran meeting U.S. conditions, officials said.
- The Wall Street Journal reported Tuesday that a proposed US-Iran MoU allows Tehran to immediately resume selling oil and fuel upon signing, with provisions enabling banking, transportation, and insurance services to facilitate transactions.
- President Donald Trump announced the electronic signing of this agreement on Sunday, which facilitates an extended pause in fighting and lifts blockades in the Strait of Hormuz, opening negotiations regarding Iran's nuclear program.
- An Iranian supertanker left Chabahar port Tuesday, crossing into the Gulf of Oman according to United Against Nuclear Iran, while Israel requested the text of the agreement from Washington but was denied.
- Tehran will not receive immediate access to frozen funds, though the Memorandum envisions potential access to $100 billion in assets and a $300 billion reconstruction fund if Iran dismantles its nuclear program.
- Analysts suggest Washington likely conceded oil exports to secure Hormuz access, while the agreement reportedly faces signing in Switzerland on Friday as the Mehr News Agency continues pushing propaganda regarding the unpublished text.
218 Articles
218 Articles
US and Iran sign initial deal to end war, ease sanctions and open strait as nuclear talks continue
Pakistani Prime Minister Shehbaz Sharif said leaders of both the U.S. and Iran had signed the agreement and endorsed him as a mediator.
What's in the U.S.-Iran agreement that Trump signed?
The interim deal reached by the United States and Iran to end their war will reopen the Strait of Hormuz and bring the two adversaries back to the negotiating table over Tehran’s nuclear program, according to details released by both countries. It will also give Iran an immediate benefit, allowing it to sell its oil freely again. Besides the new oil revenue for Iran, the two sides are more or less back where they were 3½ months ago — before Isra…
US, Iran sign initial deal to end war; nuclear talks to continue
WASHINGTON (AP) — President Donald Trump signed an agreement with Iran Wednesday that calls for Tehran to dilute its stockpile of highly enriched uranium and waives U.S.-backed sanctions on the country, immediately allowing Iran to sell its oil freely in a major concession from Washington, according to details released by both countries.
China Welcomes ‘First-Phase’ U.S.-Iran Pact, Urges Focus on Strait of Hormuz
China Welcomes ‘First-Phase’ U.S.-Iran Pact, Urges Focus on Strait of Hormuz - Foreign Minister Wang Yi tells his Iranian counterpart that the ‘dawn of peace has emerged,’ as Tehran credits Beijing for its role in negotiations

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