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The Economic Times
The Economic Times

Oil export curbs waived, blockade lifted: Iran says 'major progress' in US talks

United States Iran Oil Abbas Araghchi Lebanon Pakistan Qatar Tehran Switzerland the Strait of Hormuz

Iran's Foreign Minister Abbas Araghchi said on Monday there was "major progress" in talks with the United States, adding that oil and petrochem export curbs are waived, US blockade is lifted, some frozen assets are released, and a major reconstruction and development plan is launched for Tehran.

"Pakistani and Qatari mediation has delivered major progress to end Lebanon War," Araghchi posted on X.

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