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 […]