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Al Jazeera Englishaljazeera.com

Iran war live: US waives oil sanctions, to release $12bn in frozen funds (opens original article in a new tab)

TL;DR

The US and Iran reach an agreement to ease sanctions and release $12bn in frozen funds, allowing the sale of Iranian oil and petrochemicals until August 1.

  • US waives oil sanctions on Iran
  • US to release $12bn in frozen funds
  • Agreement allows sale of Iranian oil and petrochemicals until August 1

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