Iran Pledges No Nuclear Weapons as U.S. Commits $300 Billion in Leaked Deal

The leaked draft agreement, circulated during the G7 summit, states that Iran has pledged to abandon its pursuit of nuclear weapons in exchange for financial incentives. The U.S. has committed to providing $300 billion in financial support as part of the deal. The agreement also includes provisions for lifting sanctions on the sale of Iranian crude oil, petrochemical products, and other services, including banking, during the negotiation period. The draft agreement, published by Saudi Arabia’s Al Arabiya network, indicates that the U.S. would lift all sanctions as part of a final agreement. The text suggests a phased approach to sanctions relief, with immediate measures during negotiations and full lifting in the final agreement. The details align with reports from both euronews and the-hindu, though the exact timeline and conditions of the agreement remain subject to further clarification.