Economics
Iran Sanctions Seen Lifted by Monday Once Nuclear Deal Verified
- IAEA monitors need to report Iran has fulfilled obligations
- Sanctions lifted by EU, UN and U.S. once confirmation received
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A imposed on Iran’s nuclear program may come to an end by Monday, unlocking billions of dollars in frozen accounts and paving the way for a surge in oil exports from the Islamic Republic.
The International Atomic Energy Agency is expected to report on Friday that Iran has fulfilled its commitments under July’s nuclear accord with world powers, Iran’s Deputy Foreign Minister Abbas Araghchi said in Tehran. That would enable a joint announcement by Sunday implementing the deal and lifting sanctions, he said.