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US-Iran deal includes NZ$521 billion fund, immediate end to oil sanctions

Stuff

Stuff·Jun 17, 2026·1 min read

US-Iran deal includes NZ$521 billion fund, immediate end to oil sanctions

The memorandum of understanding, which was dictated to reporters by senior US officials, also says Iran and Oman will “define the future administration and maritime services in the Strait of Hormuz”.

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