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The Nexus
WORLDJun 16 · 22:16 UTCMIDDLE EAST EYETamara Turki

Full text of US-Iran deal promises sanctions relief and phased access to frozen funds

The US and Iran have reached a memorandum of understanding that provides sanctions relief for Iran's oil sales and phased access to $300bn in frozen funds. The deal does not address Iran’s enriched uranium stockpiles or its ballistic missile arsenal and includes a ceasefire covering Lebanon, which is expected to anger Israel.

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