The Value of Iran's Sanctions Relief

Iran has some pretty big bills to pay.

Iran's Sanctions Relief 101

After a decade of crippling sanctions, Iran has been cleared to once again resume global commerce. 

The lifting of sanctions, announced after a UN agency certified Iran had complied with a deal to curb its ability to make a nuclear bomb, will give the country access to billions of dollars that had been frozen in overseas accounts. 

But how much money will Iran get? And what does sanction relief really mean for the Islamic Republic? Bloomberg’s Brendan Greeley explains.

 

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