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Event Brief

Iran faces challenges in unwinding US sanctions reprieve

Tehran is set to benefit from a 60-day US sanctions reprieve, but reversing decades of restrictions could take years.
WHO: Tehran
WHAT: A 60-day reprieve from U.S. sanctions is set to bring Tehran billions in gains, but unwinding decades of restrictions poses legal, political and commercial challenges.
WHEN: Jun 23, 2026 at 1:05 AM ET
WHERE: USA
WHY: The U.S. announced a 60-day reprieve from sanctions, but unwinding more than four decades of restrictions presents legal, political and commercial challenges.

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