Iran Nuclear Deal Takes Effect
US, European sanctions eased as UN confirms Iran compliance
Iran has halted its most sensitive nuclear operations under a preliminary deal with world powers, winning some relief from economic sanctions on Monday in a ground-breaking exchange that could ease a threat of war.
The United States and European Union both suspended some trade and other restrictions against the OPEC oil producer after the United Nations' nuclear watchdog confirmed that Iran had fulfilled its side of an agreement made on November 24.