US-Iran deal leaves core sticking points unresolved as $300 billion question takes shape

BBC Middle East's document review of the 14-point framework shows it gives both sides 60 days to negotiate a binding final agreement. The window foresees partial sanctions relief and a US re-evaluation of its Gulf force posture. But the text leaves the level of permitted nuclear enrichment, the scope of IAEA inspections and rules of engagement in any Strait of Hormuz crisis undefined.

Washington claims about half of the $300 billion reconstruction fund will be supplied by Gulf states and international development banks. Saudi Arabia and the UAE have not confirmed the figure. Former World Bank Middle East director Ferid Belhaj called the fund's current structure "politically ambitious but operationally incomplete".

Iranian President Masoud Pezeshkian called the framework "a structure that protects sovereignty" and stressed the right to enrich uranium has not been surrendered. Republican Senator Tom Cotton said the lack of verification language makes Senate ratification unlikely. Brent crude settled at $76.90 a barrel after the analysis circulated.