US Peace Deal Promises Iran Oil Sales and a $300B Financing Windfall

A draft U.S.–Iran memorandum details immediate waivers for Iranian oil exports, tentative sanctions relief, and access to a proposed $300 billion development fund, along with the eventual release of frozen assets in exchange for Iran ending its nuclear program and allowing free navigation in the Strait of Hormuz; signing is planned in Switzerland with about 60 days of talks to finalize a broader peace deal and end hostilities, though critics warn the package could reward Iran too much without clear guarantees.