Treasury Secretary Scott Bessent announced that Washington has issued a 60-Day waiver for sanctions on Iranian oil.
“In line with the ongoing productive talks in Switzerland, Iran has committed to free and open transit in the Strait of Hormuz and to permit International Atomic Energy Agency (IAEA) inspectors into their country,” he wrote on X. “As part of the framework, Treasury has issued a temporary 60-day general license authorizing the production, delivery, and sale of Iranian oil.”
Executive Vice President of Responsible Statecraft Trita Parsi said the sanctions waiver should be viewed as a concrete sign that negotiations are progressing. “There is a lot of skepticism about the MOU, lots of false expectations that an immediate breakthrough must be achieved, otherwise the talks are failing, or an overreaction to every theatrical setback. Some of it is warranted, much of it is not,” he explained.
How are they going to enforce that? Go to war if Iran doesn’t comply? …oh wait. :p
Short of that, they do have a bunch of seized Iranian money and could possibly refund those fees.
Since they probably weren't ever going to return those funds to Iran, though, that plan would basically just be a roundabout way of giving Iran their money back.