America will permit Iran to start selling oil and fuel immediately. This follows a memorandum of understanding to end a war. Sanctions on Iranian oil sales will be waived. This waiver also includes banking, transportation, and insurance services. These provisions take effect once the agreement is signed this week.

Iran and the US reportedly agree to a 60-day framework allowing Iranian oil sales and keeping the Strait of Hormuz open, with Trump deciding next steps.

Iran reveals draft US deal with oil sanctions waiver, nuclear limits, and asset release. Here's what it means for crypto markets and Bitcoin prices.