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Is the United States really going to lift the oil sanctions against Iran?! No joke? So who ultimately won this? The draft Iran-U.S. agreement reveals: Iran agrees not to develop nuclear weapons and opens the Strait of Hormuz, and the U.S. will lift oil sanctions on Iran within a specified timeframe.
If the sanctions are truly lifted, oil prices should plummet, and the crypto market should rebound! I feel it's a good time to consider bottom-fishing.
This draft memorandum marks the implementation of the "60-day breathing space" negotiations between the U.S. and Iran since May, focusing on using the navigation of the Strait of Hormuz to exchange for oil revenue and asset thawing, creating a window for subsequent nuclear negotiations. In late May, Trump demanded strengthening nuclear clauses; the current version clarifies the commitment of "not producing or acquiring" nuclear weapons, but the specific handling of highly enriched uranium remains to be finalized within the next 60 days, leaving a key variable.
The most notable detail is the wording in the agreement about "diluting the stockpile of highly enriched uranium within Iran." This differs operationally from the earlier U.S. position of "destroying and removing it from the country," essentially allowing Iran to retain some nuclear material processing capacity and control over sites, laying a technical groundwork for the next phase of negotiations.
On June 14, Iranian officials stated that, according to the memorandum draft reached with the U.S., Tehran agrees not to develop or acquire nuclear weapons. The U.S. agrees in the memorandum draft that Tehran will dilute its stockpile of highly enriched uranium within Iran, with specific mechanisms to be discussed within the next 60 days. Iran will immediately reopen the Strait of Hormuz, allowing all commercial ships to pass, and the U.S. will lift the maritime blockade.
The U.S. will lift oil sanctions on Iran within the specified timeframe, allowing Iran to sell oil and receive revenue. The U.S. agrees to release $25 billion of frozen Iranian assets, including through direct cash transfers, cooperation with regional countries, and financial credit lines. $SPCX