And they were right at the point of having to shut in wells and stop production altogether. That's when the MOU came out. Now, the MOU was a disaster. It was a terrible deal. The MOU contemplated lifting sanctions immediately and allowing billions of dollars to flow into Iran. including giving Iran a permanent role with the Strait of Hormuz and the potential to have permanent revenue from charging fees or tolls for traveling the state Strait of Hormuz. (05:07–05:29)
CLAIM
Asserts that the MOU included lifting sanctions and allowing significant financial inflows into Iran.
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