A leaked draft suggests a deal where Iran pledges not to pursue nuclear weapons in exchange for significant U.S. sanctions relief on oil and banking sectors.

The draft, published by Saudi Arabia’s Al Arabiya network, states that Iran has pledged never to produce nuclear weapons, while U.S. would lift sanctions on the sale of Iranian crude oil, petrochemical products and other services, including banking, during the negotiation period, and commits itself to lifting all sanctions as part of a final agreement