Iranian media: US accepts lifting of oil sanctions, proposes temporary waiver
May 18, 2026, 11:39 AM
The United States has accepted the lifting of oil sanctions against Iran in a new negotiation document, Iran's Tasnim News Agency reported, citing a source close to the U.S. negotiating team. The U.S. has also reportedly proposed a temporary suspension of related sanctions by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) until a final agreement is reached.
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