The U.S. has committed to substantial sanctions relief in a deal with Iran, despite the regime making no serious concessions on its nuclear program. According to the memorandum of understanding, the U.S. will lift oil sanctions and allow Iranian oil exports worth billions of dollars a month. The deal also commits the U.S. to not impose any new sanctions and to release billions in frozen Iranian funds, which could be used to cover military spending.
A senior Trump Administration official claims these funds will be used to buy humanitarian goods, but Revolutionary Guard Commander Ahmad Vahidi has reportedly insisted they be used to cover military spending. The deal also includes a $300 billion economic rehabilitation fund that the U.S. will draw up and implement only after a final deal.
This means full sanctions relief for Iran if the regime signs and implements a nuclear deal, despite Vice President JD Vance's claims that the U.S. wouldn't have to give the Iranians anything if they don't make the commitments. The memorandum of understanding gives Iran plenty before securing commitments of substance on the nuclear program, let alone on missiles or proxies.