US-Iran peace memorandum could be signed on Sunday in Geneva, source says

🇨🇭 Kathmandu Post (CH) —
US-Iran peace memorandum could be signed on Sunday in Geneva, source says

AI Summary

Iran and the US may sign a peace memorandum in Geneva on Sunday, which includes lifting sanctions on Iran's oil, unfreezing billions of dollars in funds, and halting hostilities in multiple regions including Lebanon. This agreement aims to normalize relations and reduce conflict in the region.

A senior Iranian source told Reuters on Friday that the draft would waive sanctions on Iran’s oil, unfreeze billions of dollars of its funds, and require a cessation of hostilities on all ​fronts, including in Lebanon.

World Security Conflict Politics Markets Deals Commodities Energy Iran sanctions peace memorandum oil sanctions Lebanon conflict fund unfreezing US-Iran relations

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