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Iran and the United States have completed a draft framework for temporarily easing sanctions on Iranian oil exports, according to Tehran's negotiating team. The development comes as talks progress under a newly activated peace agreement signed by both nations.
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Iran has laid out specific preconditions for advancing to final-stage nuclear negotiations with the United States, demanding implementation of ceasefire provisions, sanctions relief on oil exports, and the release of frozen assets before substantive talks can proceed.
Iran's president says $6 billion in frozen assets held in Qatar will be released following a preliminary agreement with the United States. Technical negotiations began in Switzerland this week under Pakistani mediation.
Iran and the United States have formally signed a 14-point memorandum of understanding aimed at resolving their protracted conflict, with both leaders endorsing the agreement that centres on nuclear negotiations and sanctions relief.