Iranian state media claims the US agreed to temporarily lift oil sanctions during negotiations, but Washington has not confirmed. Here's what investors should know.

An Iranian media outlet reported that the US proposed a temporary waiver of sanctions on the Islamic Republic’s oil, a key demand by Tehran to agree to a peace deal…

ALBAWABA - The United States agreed to lift sanctions imposed on Iran's fuel sector during its last proposal sent to Tehran, Tasnim news agency reported

...temporarily lifting sanctions...

The waiver temporarily lifts sanctions on Russian oil for 30 days.