Markets confused by Trump Iran sanctions waivers

The administration of U.S. President Donald Trump is seeking to lift long-standing sanctions on Iran and achieve an agreement that allows the re-establishment of financial dealings with the country, despite the challenges and risks associated with implementing this. The steps include issuing licenses and easing restrictions to enable the sale of Iranian oil in dollars and to reopen financial channels, amid increasing pressure from some hardline entities and the uncertainty regarding the compliance of U.S. financial institutions. Nevertheless, executing these measures remains fraught with legal and financial risks, with threats of potential violations of both old and new sanctions.

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