The landmark Iranian nuclear deal will go into effect this weekend, Western and Iranian officials said, triggering the lifting of sanctions and reshaping the political and economic landscape in unpredictable ways across the Mideast and beyond.
The United Nations’ nuclear watchdog agency in Vienna was expected to certify by Saturday that Tehran has met its commitments under the July accord with global powers to significantly scale back its nuclear program, according to these officials.
In return, most Western sanctions on Iran will start to be repealed, sending tens of billions of dollars in frozen Iranian oil money back to Tehran and opening world markets to hundreds of thousands of barrels of Iranian petroleum.
The White House says the implementation of the agreement would be a major advance in the U.S. campaign to stop the spread of nuclear weapons. But its also poses major security and diplomatic risks for the U.S. and its close Mideast allies, such as Israel, Saudi Arabia and the United Arab Emirates, according to regional diplomats and analysts.