June 17, 2026
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0:50Now PlayingIran would be allowed to start oil exports immediately under an interim deal with the US and gain access to a $300 billion economic development program. #iran #trump #worldnews #politics #usa #oil #news
The US Treasury Department will issue waivers for exports of Iranian crude oil and petrochemical products immediately after the memorandum is signed, and the US will end its naval blockade of Iranian ports.
The US and its regional partners would create a plan to rehabilitate Iran and allow for its economic development, with financing of at least $300 billion, according to the draft document.
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