## Situation Report
Iran has agreed to a deal that would only see sanctions relief once Iran fulfils its commitments, a White House official tells @FoxNews. The agreement comes after months of negotiations between the US and Iran.
## Strategic Context
The Middle East theater has seen heightened tensions in recent years, with the US and Iran engaging in a series of proxy conflicts in countries such as Yemen and Syria. The region has also seen the ongoing conflict between Israel and Hamas in Gaza, as well as the presence of Russian forces in Syria.
## Geopolitical Implications
The deal has significant implications for the global energy market, with Iran's oil exports expected to increase once sanctions are lifted. The agreement also raises questions about the future of US-Iran relations, particularly in light of the US withdrawal from the 2015 nuclear deal. The deal may also impact the conflict in Yemen, where Iran has been accused of supporting Houthi rebels.