Just two days after President Donald Trump announced that an agreement had been reached, the first relief measures appear to be taking shape. According to a Wall Street Journal report published Tuesday, the United States will allow Iran to sell oil and fuel immediately under a memorandum of understanding, while both sides pledge to work together on a final deal.
The report says the White House is offering Tehran an early financial incentive to help gradually end the conflict, citing people familiar with the agreement. It also says the sanctions clause covering oil sales would take effect as soon as the deal is signed, which is expected on Friday.
The reported relief would also extend to so-called necessary services tied to those sales, including banking, transportation and insurance. The article gives no further details on the scope of the arrangement beyond the expected immediate implementation of these measures.