The tension of expensive oil will end soon; that agreement between Iran and America, India will get direct benefit

US-Iran Oil Sanctions Relief: Tension still continues between America and Iran. A news has emerged from this war which can eliminate India’s energy related problems to a great extent. Iran’s government news agency Tasnim has claimed that America has agreed to give big concessions to Iran regarding oil trade under the new agreement.

Iran wanted the US and international sanctions on selling its oil to be completely lifted. So that it can become a part of the market. According to the report of Tasnim News, in the new draft being negotiated between America and Iran, America has agreed to temporarily lift the oil trade related sanctions imposed on Iran. If an agreement is reached, it will be great news for India. Because if Iran is allowed to save oil, then India will not need to buy expensive oil from Russia or any other country.

Iran wants complete ban lifted

The report claims that the new proposal is quite different from the earlier proposals. Because it has offered to remove many restrictions before the final agreement is reached, i.e. during the negotiations. However, Iran is still adamant on its demand for complete lifting of the ban. According to the information, Iran has clearly said that America will have to completely remove all its sanctions for any long-term agreement.

Iran has given a clear message to America that sanctions relief should be kept out of any future agreement. Also, guarantee should be given by America. At the same time, America is currently adopting the formula of giving only a temporary exemption, this exemption will remain in force until a final and concrete agreement is reached. According to the report, the US has proposed a waiver of OFAC sanctions until a final agreement is reached.

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Trump had threatened to attack

According to the information, Iran had sent a revised proposal to America through Pakistan to end the ongoing conflict in the Middle East. On Monday, Iran issued a statement saying that it had responded to a new US proposal to end the war. This statement of Iran has come at a time when recently US President Donald Trump had threatened to attack Tehran again.