US pledges to lift all sanctions on Iran; uranium fate undecided

The United States has committed to lifting all sanctions against Iran, as revealed in a letter of intent between the two nations published by the U.S. media outlet Bloomberg. This agreement marks a significant step towards de-escalation in the region.

While the U.S. has promised a comprehensive removal of sanctions, the specific timeline for this process is yet to be determined. Furthermore, the crucial issue of Iran's enriched uranium stockpile remains open. The agreement states that the fate of this uranium will be "duly addressed in the final agreement," alongside all other nuclear-related matters.

Iran has reiterated its stance that it will never develop nuclear weapons. In addition to the sanctions relief, the U.S. has guaranteed a minimum of $300 billion for Iran's reconstruction and economic development. The agreement explicitly declares an immediate and permanent end to hostilities on all fronts, including Lebanon, upon the signing of the letter of intent.

The letter of intent is scheduled to be signed in Switzerland on Friday. Despite this diplomatic progress, Israel has continued its bombing of Lebanon. The details surrounding the final agreement and the resolution of the uranium issue are expected to be critical in the coming weeks.

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duly addressed in the final agreement