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deadline.comThe United States says $12 billion in frozen Iranian funds will be released under conditions that require purchases of U.S. agricultural products. Iran has not confirmed acceptance of those conditions.
Japan TimesEmerging terms would lift some sanctions on Iranian oil sales and open a reconstruction fund, with the Islamic Revolutionary Guard Corps positioned to receive a large share of the proceeds.
President Trump and Iranian officials signed a memorandum of understanding to end military operations. Iranian state media published a 14-point list of terms that includes sanctions relief and reopening of the Strait of Hormuz.