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Manila Times Business

Iran will reopen the Strait of Hormuz and can sell oil freely under deal with the US, officials say

DUBAI, United Arab Emirates — Iran will immediately take steps to reopen the Strait of Hormuz once a tentative deal with the U.S. to end the war is signed and will be allowed to sell its oil without restrictions, according to leaked copies of an interim agreement that officials say broadly matches the document. The accord, due to be signed in Switzerland on Friday, also envisions Iran receiving at least $300 billion to rebuild after the war and says the U.S. would work to end all American

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Source: manilatimes.net

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