US: Some Iran to see sanctions relief at start of nuclear implementation

WASHINGTON - Iran will receive some sanctions relief from the first day of the implementation of the Nov. 24 Iran nuclear deal, including the suspension of sanctions on Iran's exports of petrochemicals, a senior US official said on Sunday.
The official told reporters such immediate relief -- which is contingent on the UN nuclear watchdog confirming that Tehran is carrying out the deal --- would also apply to imports for its auto manufacturing sector and trade in gold and other precious metals.