Story perspectives

Trump, Iran Sign Deal to End Sanctions Amid Congressional Pushback

6/29/2026

Summary

Story summary

U.S. President Donald Trump and Iranian President Masoud Pezeshkian signed a 14-point memorandum on June 17 to lift all sanctions on Iran on schedule.
The Treasury issued License X to let Iran sell oil for dollar funds, while banks asked for comfort letters after BNP Paribas’s $1 billion settlement.
Congressional committees cite 2015 Iran Nuclear Agreement Review Act and the 2012 Iran Threat Reduction and Syria Human Rights Act as obstacles to lifting sanctions.

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Story summary

U.S. President Donald Trump and Iranian President Masoud Pezeshkian signed a 14-point memorandum on June 17 to lift all sanctions on Iran on schedule.
The Treasury issued License X to let Iran sell oil for dollar funds, while banks asked for comfort letters after BNP Paribas’s $1 billion settlement.
Congressional committees cite 2015 Iran Nuclear Agreement Review Act and the 2012 Iran Threat Reduction and Syria Human Rights Act as obstacles to lifting sanctions.