Senior Obama administration officials have conceded that the value of sanctions relief to Iran from last month’s Geneva nuclear accord will far exceed the initial estimate of $6 billion to $7 billion, Israeli sources told Haaretz.

The new estimate is closer to Israel’s original projection that Iran would receive at least $20 billion worth of relief from the deal it agreed to with six international powers including the United States.

“Economics is a matter of expectations,” Israeli security sources said. “The Iranian stock exchange is already rising significantly and many countries are standing in line to renew economic ties with Iran based on what was already agreed in Geneva.”

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