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Iran says draft US deal includes oil sanctions waiver, nuclear limits and asset release

Iran has revealed that a proposed memorandum of understanding with the United States includes a waiver of oil sanctions, limits on Iran's nuclear programme, and the release of billions of dollars in frozen Iranian assets. A senior Iranian source told Reuters on Friday that the draft deal would waive sanctions on Iran's oil exports, unfreeze billions of dollars of its funds, and impose restrictions on Iran's nuclear programme. The agreement also includes a commitment from Iran to never develop nuclear weapons. According to the source, the United States would lift its blockade on Iranian ports and issue targeted sanctions waivers to facilitate unrestricted Iranian oil sales during the negotiation period. The US proposal includes a temporary waiver of oil sanctions effective until a final agreement is reached, rather than Iran's demand for permanent lifting of all sanctions. The draft MOU […]

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US and Iran Move Closer to Major Agreement

The United States and Iran appear to be moving closer to a major agreement aimed at easing months of military tensions between the two countries. President Donald Trump announced that a formal deal could be signed on Sunday, although Iranian officials have expressed caution regarding the timeline. In a message shared on social media, Trump stated that the agreement was expected to be finalized soon. He also said that the Strait of Hormuz, one of the world's most important shipping routes for oil and natural gas, would be reopened to all maritime traffic immediately after the deal takes effect. Pakistan, which has played a mediation role in the negotiations, also expressed optimism about the progress made. Prime Minister Shehbaz Sharif said a final agreement could be concluded within 24 hours and noted that preparations were underway for an electronic signing […]

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Trump Says Peace Deal With Iran in Final Stages

President Donald Trump said on Wednesday that negotiations with Iran were "in the final stages," while warning of further attacks unless Tehran agrees to a peace deal. "We're in the final stages of Iran. We'll see what happens. Either have a deal, or we're going to do some things that are a little bit nasty, but hopefully that won't happen," he told reporters. Trump announced that he is in the "final stages" of negotiating an agreement with Iran, which he anticipates could be finalized within the next "two to three days," following a recent surge in hostilities. The president claimed he is in "no hurry" to finalize a peace agreement with Iran, suggesting that he would not consider making a "limited deal" only focused on reopening the Strait of Hormuz. On May 27, Trump said both sides were close to […]

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