[US-Israel, Iran War Day #116] US Opens Door to Iranian Oil, Eases Sanctions

Iran and US trade rival readings of MoU before 60-day talks mature The US-Iran memorandum is being implemented before Washington and Tehran have agreed what it means, turning the fragile deal into a battle over interpretation across the Strait of Hormuz, frozen funds, nuclear inspections, oil sanctions and Lebanon. Less than a week after the two sides signed the MoU to end more than three months of war, its contradictions are already shaping the next phase of diplomacy: Hormuz is open, but ships may still need Iranian permission; funds are “available,” but Washington says they may be channeled toward wheat,…