Tehran: The US has recently agreed to temporarily waive sanctions on Iran's oil sector during ongoing negotiations, as reported by Iran's semi-official Tasnim news agency. The report, citing a source close to the Iranian negotiating team, highlights a significant shift in Washington's approach compared to previous proposals, which did not include such waivers.
According to Anadolu Agency, the latest US proposal marks a departure from earlier stances by accepting a temporary suspension of oil-related sanctions. However, Iran maintains that any final agreement must include the full lifting of all sanctions. The US has suggested that these temporary waivers be administered by the Office of Foreign Assets Control (OFAC) until a conclusive understanding is achieved.
Tasnim further noted that Iran has put forward a revised 14-point text to the US, facilitated by Pakistani mediators. This development follows a response from the US to an earlier Iranian proposal, prompting Tehran to modify its text and resubmit it through the same channel.
The updated Iranian proposal, as delivered by the Pakistani intermediary, emphasizes negotiations aimed at resolving the ongoing conflict and includes measures that Tehran views as confidence-building steps by the US. Iran's Foreign Ministry spokesman, Esmaeil Baqaei, confirmed that discussions with the US are continuing through Pakistani mediation.
Tensions have been high in the region since February, following US and Israeli strikes against Iran. Iran retaliated with attacks on Israel and US Gulf allies, as well as closing the Strait of Hormuz. A ceasefire was brokered on April 8 with Pakistani assistance, but talks in Islamabad did not yield a permanent resolution. US President Donald Trump later extended the truce indefinitely.