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

AI Summary

An Iranian official confirmed to Reuters that a draft memorandum of understanding with the US includes provisions on Tehran's nuclear program, reopening the Strait of Hormuz, and waivers on US oil sanctions. The final deal is expected to be discussed within 60 days following agreement by both sides.

DUBAI, June 14 - A senior Iranian official told Reuters a final draft of the memorandum of understanding with the U.S. covered a range of issues from Tehran’s nuclear work to reopening the Strait of Hormuz and U.S. waivers on oil sanctions, with a final deal to be discussed in the 60 days following agreement by the two sides.