Relief for Iran under $ 7 billion nuclear deal with U.S.

Relief for Iran under $ 7 billion nuclear deal with  U.S.

Washington: The White House said the nuclear agreement signed today for six months, The U.S. and its allies will provide relief to Iran of $ 7 billion. The administration said in a statement that Iran adheres to the agreement that no new restrictions  will be imposed for six months. 

Relief for Iran under $ 7 billion nuclear deal with  U.S.

The White House said the $ 100 billion, much of Iran's foreign exchange assets beyond the reach or restricted under sanctions. It said,'' Iran's crude oil sales in the next six months can not increase. Iran's revenues from oil sanctions alone will lose $ 30 billion.''

But the White House promised that if Iran complies with its obligations under this Agreement.  The U.S. and its allies for the next six months will not ban any new nuclear-related. White House said the sanctions relief in the automotive and petrochemical sectors and reduce the pressure on Iran to trade precious metals.