00:00The Iran deal that Trump signed last week comes with a price tag that every American needs to
00:05understand. Up to $24 billion in Iranian frozen assets will be unfrozen as part of the agreement.
00:12Here is what the deal actually includes. The U.S. will lift its naval blockade of Iranian ports.
00:18The Strait of Hormuz, through which one-fifth of global oil trade passes,
00:23will reopen to commercial shipping. Iran will enter 60-day negotiations on its nuclear program.
00:29And Washington commits to a process of lifting virtually all U.S. sanctions on Iran.
00:34An offer that goes further than even Obama's 2015 nuclear deal. In exchange,
00:39Iran commits not to acquire a nuclear weapon. But critics note there is no enforcement mechanism.
00:45Iran still holds 400 kilograms of uranium enriched to 60% purity. Enough for multiple nuclear bombs.
00:53Former Secretary of State Blinken called it a massive economic concession without ironclad
00:58nuclear commitments. Supporters say stopping the war and reopening the Strait alone saves
01:04American consumers billions. The 60-day window to work out the details begins now.
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