A source close to Iran’s negotiation team said the US has agreed in a new draft to temporarily waive Iran’s oil sanctions during negotiations, according to Tasnim News. The report said the waiver would be administered via a temporary OFAC exemption until a final agreement is reached. Iran has continued to demand the full removal of all sanctions as part of any deal commitments, the report added.

2026-05-18

A source close to Iran’s negotiation team said the US has agreed in a new draft to temporarily waive Iran’s oil sanctions during negotiations, according to Tasnim News. The report said the waiver would be administered via a temporary OFAC exemption until a final agreement is reached. Iran has continued to demand the full removal of all sanctions as part of any deal commitments, the report added.