US-Iran Deal: $300 Billion Fund, Oil Sanctions Lifted

A draft peace agreement between the United States and Iran includes a $300 billion reconstruction fund financed by Gulf states, according to emerging reports. The memorandum of understanding reportedly also calls for waiving sanctions on Iranian oil and a 60-day extension of the current ceasefire. This extension would allow for further talks on Iran’s nuclear program. Follow our liveblog for the latest updates.