The landmark Iranian nuclear deal will go into effect this weekend, Western and Iranian officials said, triggering the lifting of sanctions and reshaping the political and economic landscape in unpredictable ways across the Mideast and beyond, The Wall Street Journal said.

The United Nations’ nuclear watchdog agency in Vienna was expected to certify by Saturday that Tehran has met its commitments under the July accord with global powers to significantly scale back its nuclear program, according to these officials.

In return, most Western sanctions on Iran will start to be repealed, sending tens of billions of dollars in frozen Iranian oil money back to Tehran and opening world markets to hundreds of thousands of barrels of Iranian petroleum.

The White House said the implementation of the agreement would be a major advance in the US campaign to stop the spread of nuclear weapons. But it also poses major security and diplomatic risks for the US and its close Mideast allies.

Source: MENA