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๐Ÿ‡ณ๐Ÿ‡ต Nepal /Elections & Politics

US waives Iran sanctions, Trump warns Tehran it must abide by agreement

From Kathmandu Post · () English

Summarized and contextualized by DistantNews.

At a glance

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  • The US has waived sanctions on Iran for 60 days following peace talks, with President Trump warning Iran must adhere to the agreement.
  • Talks in Switzerland established a roadmap for a permanent deal within 60 days, including a mechanism to end fighting between Israel and Hezbollah and a communications line for the Strait of Hormuz.
  • The US Treasury announced a waiver allowing Iran to sell oil and receive payment, while Iran stated that negotiations on its nuclear program and IAEA inspections are separate from the interim accord.

The United States has granted a 60-day waiver on sanctions against Iran, a move that follows initial peace talks aimed at de-escalating regional tensions. President Donald Trump issued a stern warning, stating he will take necessary actions if Iran fails to uphold its commitments under the nascent agreement.

I will do what I have to do if Iran does not stick to its side of the agreement.

โ€” Donald TrumpPresident Trump's warning to Iran regarding its adherence to the peace deal.

During talks in Switzerland, mediators Pakistan and Qatar reported that both sides agreed on a roadmap toward a permanent peace deal within 60 days. Key outcomes include a mechanism to cease hostilities between Israel and Iran-backed Hezbollah in Lebanon, and the establishment of a communication channel to ensure safe passage for commercial vessels through the Strait of Hormuz, a critical global oil supply route.

good progress

โ€” Ali BahreiniIran's ambassador to the UN in Geneva, describing the talks.

The US Treasury's waiver allows Iran to resume oil sales and receive payments, offering some economic relief. However, Iran's Foreign Ministry spokesperson, Esmail Baghaei, denied that discussions on its nuclear program or the return of International Atomic Energy Agency (IAEA) inspectors had taken place. Iran's UN ambassador, Ali Bahreini, indicated that five parts of the initial deal must be implemented before nuclear issues are addressed, emphasizing Lebanon's role in the accord and the need for Israeli troop withdrawal.

Lebanon was an โ€œunquestionableโ€ part of the interim accord between the US and Iran, and that it includes the withdrawal of Israeli troops from Lebanon.

โ€” Ali BahreiniIran's ambassador to the UN in Geneva, discussing the inclusion of Lebanon in the agreement.

Despite the agreement, Israel stated it would maintain a security zone in southern Lebanon. Meanwhile, tanker traffic through the Strait of Hormuz has increased, with Oman affirming its commitment to safe passage. The conflict, marked by significant casualties and displacement, has impacted global financial markets and oil prices, which have seen a decrease since the interim deal.

would maintain a security zone in southern Lebanon and continue to act to โ€œneutraliseโ€ threats against Israeli soldiers and citizens.

โ€” Israeli officialsIsrael's stance on its security operations in southern Lebanon despite the interim deal.
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Originally published by Kathmandu Post. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.