Iran war day 116: US eases Iran sanctions; Lebanon ceasefire holds
ONP Summary
The United States has temporarily waived sanctions on Iranian oil exports for two months through August 21, 2026, as negotiations on a broader nuclear and regional peace agreement advance. In exchange, Iran committed to allowing International Atomic Energy Agency nuclear inspections and maintaining open maritime transit through the Strait of Hormuz.
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US eases oil sanctions for 60 days after Iran agrees to allow international nuclear inspections. ...