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Details include:
1. The provision for sanctions waivers on oil sales takes effect immediately upon signing.
2. This also covers essential services, including banking, transportation, and insurance needed to facilitate the sales.
3. Iran is expected to receive immediate sanctions relief upfront, with further relief tied to its compliance.
@just
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The agreement will allow participants to join the Cross-border e-CNY Transfer β Services, or CBETS, an integrated cross-border settlement platform that supports round-the-clock digital payment links with foreign central banks and overseas financial institutions.
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Back in February, Muskβs net worth was almost equal to the total altcoin market cap β around $850B.
Since then, Elon Musk has nearly doubled his net worth after the IPO boom, while altcoins have lost over $100B in market cap.
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Sens. Cynthia Lummis, R-Wyo, and Ruben Gallego, D-Ariz., introduced a four-page resolution "expressing the sense of the Senate that under no circumstances should Samuel Bankman-Fried receive executive clemency".
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The US, Iran and the mediators are discussing holding the signing of the memorandum of understanding remotely as early as Wednesday, rather than in-person on Friday, according to a diplomat from one of the mediating countries and a second source familiar with the discussions.
If that happens, the MOU would be signed electronically, the parts of the deal concerning the Strait of Hormuz would go into effect, and the US might finally release the text of the agreement.
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Just News
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Just News
Immediate effects:
β’ Permanent ceasefire (all fronts, incl. Lebanon)
β’ Strait of Hormuz reopens toll-free for commercial shipping (pre-war levels in 30 days)
β’ US naval blockade lifts
β’ Iran gets temporary oil export waivers and a path to accessing ~$24B in frozen assets, tied to compliance during the 60-day talks (with some reports suggesting half released upfront).
Key commitments:
β’ 60-day window for final comprehensive deal (nuclear, sanctions, peace).
β’ Iran: No nuclear weapons; safe Hormuz passage.
β’ US: Sanctions relief path; supports $300B+ regional reconstruction fund.
β’ Both: Respect sovereignty, no interference.
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