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War & Conflict1d 3h ago
Donald Trump’s deal with Iran, signed yesterday in Versailles, commits the United States and its regional partners to ensuring that Iran receives “at least $300 billion” for its “rehabilitation and economic development.”
Versailles, France
Who
Donald Trump, United States, Iran, Vice President Vance, senior administration official
What
Donald Trump’s deal with Iran, signed yesterday in Versailles, commits the United States and its regional partners to ensuring that Iran receives “at least $300 billion” for its “rehabilitation and economic development.”
When
Thu, 18 Jun 2026 11:00:00 GMT · 1d 3h ago
Where
Versailles, France ·
Why
The deal is designed to manage the consequences of a defeat that pushes the United States closer to disengaging from the Middle East.
The Frontline Impact
How this affects you
The memorandum allows an immediate waiver of sanctions for Iran to export oil, estimated at up to $60 billion annually, and releases $24 billion in frozen assets, with potential for $300 billion and full sanctions lifting if a final agreement is reached.
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