Iran says draft US deal includes oil sanctions waiver, nuclear limits and asset release

A concise English brief about the confirmed context from Bing News en.

This English edition keeps the article short, sourced, and written in plain language for global readers.

Quick summary

• Iran and the US are nearing a deal on nuclear issues and the Strait of Hormuz.
• The deal may include a waiver of oil sanctions and limits on Iran's nuclear program.
• The agreement's impact on the region and global markets remains to be seen.

Why this is trending

The potential deal could ease tensions between the US and Iran, and impact global oil markets.

The agreement may also limit Iran's nuclear program and prevent further conflict in the region.

Key terms of the deal

A waiver of oil sanctions, which could allow Iran to sell more oil on the global market.

Limits on Iran's nuclear program, which could prevent the country from developing nuclear weapons.

Action checklist

• The deal may include a waiver of oil sanctions.
• The agreement could limit Iran's nuclear program.
• The impact of the deal on global oil markets remains to be seen.

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• Official announcements, source updates, and new data
• Changes in timing, pricing, support, or audience impact

Reference table

Sources

• US-Iran war Highlights | Iran says no final decision yet on US-Iran framework agreement: Report · Bing News en

  US-Iran War Highlights: US Iran deal nears as Donald Trump announces planned agreement on nuclear issues and the Strait of Hormuz, live updates track the high stakes talks The Israeli military said several aerial objects were detected falling in northern Israel and areas of southern Lebanon where Israeli forces are currently operating. In a statement, the army said a launch from Lebanon was identified falling in the Neot Mordechai area in northern Israel. The military also reported that several other suspected aerial targets fell in Israeli territory, while additional objects landed in parts of southern Lebanon where Israeli troops are deployed

• Obama says Trump Iran deal will not improve on his pact · Bing News en

  He suggested it was better to negotiate a deal that falls short of all of Washington’s requirements in order to avoid an outright war. He suggested it was better to negotiate a deal that falls short of all of Washington’s requirements in order to avoid an outright war. Sign up now: Get ST's newsletters delivered to your inbox Tehran has not confirmed it will yet sign a deal, saying that for now there was “no point” in peace talks with the United States. Listen WASHINGTON – Barack Obama said it was unrealistic to expect that any deal between US President Donald Trump and Tehran would mark a “significant improvement” over his own nuclear pact 11 years ago

• US-Iran war live updates | Iran says no final decision yet on US–Iran framework agreement: Report · Bing News en

  US-Iran War Live Updates: US Iran deal nears as Donald Trump announces planned agreement on nuclear issues and the Strait of Hormuz, live updates track the high stakes talks A senior Iranian official told Reuters a final draft of the memorandum of understanding with the US covered a range of issues, from Tehran’s nuclear work to reopening the Strait of Hormuz and US waivers on oil sanctions, with a final deal to be discussed in the 60 days following agreement by the two sides. Israeli Prime Minister Benjamin Netanyahu and Defence Minister Israel Katz have confirmed the strike on southern Beirut. “Israel will not tolerate fire directed at its territory,” a statement said

• Iran-US draft deal would release $24B in funds, ensure Lebanon ceasefire: Iranian media · Bing News en

  The draft circulating in Iranian state media, which Trump denied on Friday, would grant Tehran sanctions relief and access to billions in frozen funds while limiting final talks to nuclear issues and excluding its missile program and proxies. People cross the street past a large billboard showing portraits of Iran's late supreme leaders Ayatollah Ruhollah Khomeini (L) and Ayatollah Ali Khamenei (R) in central Tehran on June 8, 2026

• Iran-US draft deal would release $24B in funds, ensure Lebanon ceasefire: Iranian media · Bing News en

  The draft circulating in Iranian state media, which Trump denied on Friday, would grant Tehran sanctions relief and access to billions in frozen funds while limiting final talks to nuclear issues and excluding its missile program and proxies. People cross the street past a large billboard showing portraits of Iran's late supreme leaders Ayatollah Ruhollah Khomeini (L) and Ayatollah Ali Khamenei (R) in central Tehran on June 8, 2026

• Iran state TV says draft deal with US would reopen Hormuz shipping, end naval blockade · Bing News en

  (Corrects first paragraph to show that state TV obtained the draft, not Tehran. Vessels anchored at the Strait of Hormuz, as seen from Musandam, Oman, May 25, 2026. REUTERS/Stringer (Corrects first paragraph to show that state TV obtained the draft, not Tehran. Changes headline ‌source to state TV) DUBAI, May 27 (Reuters) - Iran's state TV ‌said it had obtained a draft of an initial, unofficial framework ​for a memorandum of understanding between Iran and the United States on ending their conflict