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US: Iran will not receive full benefits until deal ends

The United States said that although sanction relief will begin immediately the full benefits will not be released until the deal reaches its end.

The United States and the rest of our P5+1 partners will also take steps, in response to Iran fulfilling its commitments, to begin providing some limited and targeted relief.

The $4.2 billion in restricted Iranian assets that Iran will gain access to as part of the agreement will be released in regular installments throughout the six months.

The final installment will not be available to Iran until the very last day.

– US State Department

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Iran nuclear deal start date announced

An interim nuclear deal between Iran and six world powers and Iran will start on 20th January, the EU's foreign policy chief Catherine Ashton said.

Ashton represents the six nations - the United States, Russia, China, France, Britain and Germany - in diplomatic contacts with Iran related to the nuclear standoff.

She said the sides would now ask the United Nations' nuclear watchdog to verify the deal's implementation.

Read: Can the Iran nuclear deal become a lasting accord?

"We will ask the IAEA to undertake the necessary nuclear-related monitoring and verification activities," she said.

Under the agreement, Iran has promised to curb its most sensitive nuclear activities in return for some relief from Western economic sanctions.

Truck carrying radioactive material 'stolen in Mexico'

Mexico has issued a public alert after a truck carrying potentially "extremely dangerous" radioactive material was stolen on Monday, according to Mexican authorities.

The vehicle was carrying cobalt-60 from a hospital in the northern city of Tijuana to a waste storage site.

A statement from the UN nuclear watchdog, the International Atomic Energy Agency (IAEA), said:

At the time the truck was stolen, the source was properly shielded. However, the source could be extremely dangerous to a person if removed from the shielding, or if it was damaged.

The Mexican authorities are currently conducting a search for the source and have issued a press release to alert the public.

– iaea statement

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Hague warns Israel ‘not to undermine Iran deal'

Foreign Secretary William Hague has discouraged Israel from taking any steps to undermine the interim nuclear deal with Iran.

William Hague

"We would discourage anybody in the world, including Israel, from taking any steps that would undermine this agreement and we will make that very clear to all concerned," Hague told parliament.

Israel's Prime Minister Benjamin Netanyahu has called the nuclear deal with Iran "an historic mistake" and said it has "made the world a much more dangerous place".

Hague: Core sanctions will remain in place

Foreign Secretary William Hague says core sanctions on Iran will remain in place. These include sanctions against the Iranian Central Bank, US trade restrictions, all UN Security Council sanctions and restricted access to its foreign assets.

Most importantly, the EU ban on Iran's crude oil will also remain in place. For Iran, this means loss of sales worth about $4 billion (£2.5 billion) per month.

Hague tells MPs: Iran made 'significant commitments'

William Hague is speaking in the House of Commons on the deal reached by the international community with Iran over its nuclear ambitions.

The Foreign Secretary has listed commitments made by Iran, saying these will prevent Iran from using its program to build nuclear weapons. In return some of the international sanctions will be suspended.

Read more: Can the Iran nuclear deal become a lasting accord?

A deal struck after lengthy negotiations in Geneva, Switzerland, commits Iran to curb its nuclear activities for six months in exchange for limited and gradual relief from some sanctions, including access to £2.5 billion ($4.2 billion) from oil sales.

Hague to address Commons on Iran nuclear deal

Foreign Secretary William Hague will address MPs in the House of Commons today on the deal reached by the international community with Iran over its nuclear ambitions.

Foreign Secretary William Hague will address MPs in the House of Commons today Credit: PA Wire

A deal struck after lengthy negotiations in Geneva, Switzerland, commits Iran to curb its nuclear activities for six months in exchange for limited and gradual relief from some sanctions, including access to £2.5 billion ($4.2 billion) from oil sales.

Israel's Benjamin Netanyahu called the agreement "an historic mistake", but David Cameron hailed the deal as an "important first step".

Read: Can the Iran nuclear deal become a lasting accord?

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