orgen
Active Member
Trump set to lift all US sanctions on Iran and free billions
Donald Trump is on the verge of securing a sweeping peace deal with Iran that would lift US sanctions and unlock billions in frozen assets for Tehran.
Trump set to lift US sanctions on Iran, free billions and unlock uranium enrichment in unexpected Obama-style peace proposal
6.9k comments
+9
View gallery
07:27 EDT 06 May 2026, updated 10:38 EDT 06 May 2026By PHILLIP NIETO, US POLITICAL REPORTER
- Politics is fast. We're faster. Sign up to the DC Insider newsletter for a front-row seat to American politics... and unlock 3 FREE months of DailyMail+ HERE
A one-page, 14-point memorandum of understanding is being negotiated between senior Iranian officials and Trump envoys Steve Witkoff and Jared Kushner. The White House believes the memo could finalize a framework to end the war within 48 hours.
If signed, a 30-day window would open for both countries to negotiate a larger agreement covering the reopening of the Strait of Hormuz, the lifting of all US sanctions on Iran, and new limits on its nuclear program.
The deal calls for Iran to halt all uranium enrichment for 12 to 15 years with automatic extensions if Tehran violates the terms, according to Axios.
Another key provision would have the regime remove its highly enriched uranium stockpile from the country, though the memo does not specify a destination.
Trump has been at pains to avoid anything resembling the 2015 Obama deal he spent years trashing as the 'worst deal ever.' But the emerging framework echoes it in striking ways: sanctions lifted, frozen billions released and Iran capped at the same 3.67 percent enrichment level agreed to by Obama.
Oil prices plunged on news of the proposed deal with Brent crude, the global benchmark, falling by more than 10 percent to below $100 per barrel. Stock futures tied to the Dow rose 1.1 percent, S&P 500 futures surged 0.9 percent, while Nasdaq futures climbed 1.6 percent.
Last edited:
