US-Iran Deal Lets Tehran Sell Oil on Signing, Includes $300 Billion Private Fund
A near-final U.S.-Iran memorandum seen by Bloomberg News would let Tehran resume oil and fuel sales immediately upon signing this week, with sanctions waivers covering banking, transportation and insurance needed to move the exports. The draft also outlines a path for Iran to tap a $300 billion development fund and eventually regain access to frozen assets, setting out the economic terms of a pact meant to end the war, reopen the Strait of Hormuz and reiterate that Iran will not seek a nuclear weapon.
The oil relief would be conditional. A senior U.S. official said Iran could sell oil only if it complied with the agreement, including not interfering with the free flow of navigation through Hormuz and not obtaining a nuclear weapon; Reuters separately reported the $300 billion pool is a private investment vehicle with no government money or grants, more than half already committed, while President Donald Trump said the U.S. has “no obligation” to invest in Iran. Shipping data also showed Iran’s tanker fleet beginning to move, with at least one very large crude carrier crossing the U.S. Navy blockade line.
From the sources (25 posts)
@ajenglishUS President Donald Trump says a deal to stop the war on Iran could be signed as early as Sunday. Tehran has rejected the timeline but says the signing could happen in the “coming days”. 🔴 Follow our LIVE coverage:
@thestudyofwarNEW: Iranian statements regarding the contents of the US-Iran memorandum of understanding (MoU) indicate that some terms of the agreement are at odds with stated US positions on the Strait of Hormuz in recent months. The agreement has tw
@insidergeoNEW | Fox News, citing a US official, says sanctions on Iran will be lifted at the same time the Strait of Hormuz is reopened. Mine-clearing operations would come later. In other words: reopen the strait first, make it fully safe afterward.
@ajenglishPakistani officials say Sunday’s signing will be virtual. 60-day period for US-Iran nuclear deal to follow. But US President Donald Trump has framed this as a diplomatic victory. 🔴 LIVE updates ⤵️
@thestudyofwarMORE: An “open” strait under Iranian management is not a return to the pre-war status quo and would mean that Iran has accomplished a key war aim. ⬇️ Iranian Foreign Affairs Minister Abbas Araghchi discussed the strait at length and noted
@thestudyofwar2/ Special Report: How Iran Hopes to Control the Strait of Hormuz: It’s Not Just About Fees
@hfi_researchRT @TheStudyofWar: NEW: Iranian statements regarding the contents of the US-Iran memorandum of understanding (MoU) indicate that some term…
@firstsquawkU.S. OFFICIAL: IRAN DEAL WOULD REOPEN HORMUZ, END U.S. NAVAL BLOCKADE IN PARALLEL OFFICIAL SAYS AGREEMENT IS ‘FANTASTIC’ AND ‘VERY STRONG’ NEXT PHASE TO FOCUS ON HORMUZ MINE CLEARANCE FOR SAFE COMMERCIAL SHIPPING
@firstsquawkIRANIAN OFFICIAL: TWO KEY ISSUES STILL UNRESOLVED IN PROPOSED U.S.-IRAN MOU OFFICIAL: DEAL COULD BE SIGNED QUICKLY IF U.S. POSITION ON OUTSTANDING ISSUES IS ACCEPTABLE IRAN BELIEVES TRUMP WANTS AGREEMENT SIGNED BEFORE G7 SUMMIT
@firstsquawkFox News on a senior US administration official: Iran will reopen the Strait of Hormuz without fees
@reutersUS, Iran inch closer to deal, timing remains unclear
@thestudyofwarMORE: Other issues—like when Iran can access frozen funds and how much it will be able to access—remain issues in negotiations as well. There also appear to be some disagreements between Iran and the United States over the Iranian nuclear
@thestudyofwar2/ Iran is likely attempting to structure the MoU and the phasing of a final agreement to reduce US leverage before later negotiations over the nuclear program. Iranian media appears to be portraying a possible MoU as a tactical pause in t
@thestudyofwar3/ Iranian Foreign Affairs Minister Abbas Araghchi’s readout of the MoU is largely consistent with IRGC-affiliated media’s readout of the latest possible agreement, which may indicate a growing consensus among Iranian regime leaders on Iran
@firstsquawkCNN: PLAN FOR U.S.-IRAN MOU SIGNING VIA VIDEO EMERGED WITHIN THE LAST 24 HOURS MEDIATORS FEARED DELAYS COULD TRIGGER AN INCIDENT CAPABLE OF DERAILING THE AGREEMENT REPORT: PUSH GROWS TO FINALIZE DEAL QUICKLY AMID CONCERNS OVER POTENTIAL D
@no_itsmyturnRT @HormuzLetter: BREAKING: Iran directly rejects Trump's new claim of a deal being signed tomorrow, saying the insistence on signing the d…
@ryanrozbianiIran is Making Sure U.S. Will NEVER Get That Uranium
@firstsquawkIRAN CONSULTS CHINA AND RUSSIA ON DRAFT U.S. AGREEMENT AS DIPLOMATIC EFFORTS INTENSIFY IRANIAN DEPUTY FM HOLDS TALKS WITH CHINESE AND RUSSIAN ENVOYS ON PROPOSED U.S. MOU
@mossadilREMINDER: DEAL IS NOT A DEAL. Officials are planning for a virtual signing of the memorandum of understanding (MOU) as a precursor to negotiations. Meeting in person presented logistical challenges and more potential for the process to get
@endgameww3RT @FirstSquawk: Iran Hardliner Criticizes Reopening Of Strait Of Hormuz Hossein Shariatmadari, editor of Iran’s hardline newspaper Kayhan…
@france24_enMiddle East war live: Trump says Iran deal to be signed Sunday ➡️
@staunovoThe Iranian Enforcer Driving Tehran’s Hard Bargaining With the U.S. The pugilistic new paramilitary commander is seen as a power broker asserting control over negotiations even as the two sides appear near a deal
@endgameww3RT @TheIranianzg3z: BREAKING: Last minute complications have reportedly emerged in the proposed U.S.-Iran memorandum of understanding, with…
@iranintl_enThe IRGC in Iran’s central Isfahan province said controlled explosions would be carried out on Sunday from 8 a.m. to noon in and around Mobarakeh county. It said any blast sounds would be caused by the operation and that the public should
@staunovoOpposition chief Lapid says US-Iran deal ‘doesn’t achieve any of Israel’s war goals’