GeopoliticsIMPORTANT

A source close to the negotiating team told Tasnim that, unlike their previous texts, the Americans have agreed in the new text to lift Iran's oil sanctions during the negotiation period.

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Waiving sanctions means temporarily lifting sanctions. Iran insists that lifting all sanctions on Iran should be part of the US's commitments. However, the US has proposed suspending OFAC until a final understanding is reached.

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