Energy experts assess that a new US policy move marks a dramatic reversal of decades of sanctions on Iran, reportedly even allowing American refineries to import Iranian crude and pay in dollars, according to commentator Gili Cohen.
Energy experts cited by commentator Gili Cohen assess that a new US policy step represents a dramatic reversal of decades of sanctions on Iran, reportedly permitting American refineries to import Iranian crude oil and pay in US dollars. According to the analysis, the mechanism enabling the change is referred to as "Section 2B." This latest assessment follows a week of rapid developments: on Monday, June 22, at 17:38 Jerusalem, The Zioneer reported the US Treasury had issued an order authorizing the sale of Iranian crude oil, petrochemicals, and petroleum products through August 21, 2026 — expanding on earlier temporary relief for oil stranded at sea, also reported at 17:38 Jerusalem that same day. The earlier reprieve, announced by Treasury Secretary Scott Bessent, allowed Iranian oil sales for 60 days and triggered a 3%–3.5% drop in global oil prices, as reported by Lior Bacalu (N12). Cohen's experts now suggest the scope of the reversal goes further, allowing direct purchases by US refineries — a step that would effectively end the economic isolation of Iran's energy sector by American entities.
Echoing this week's thread, The Zioneer reported on June 16 that Iran confirmed it had resumed oil exports following a deal with the US, and later that day that oil prices crashed as markets digested the policy reversal. Earlier this month, Washington imposed new sanctions on Iran-linked entities (June 5), and a senior US official told Reuters (June 12) the administration would accept diluted enriched uranium under a nuclear framework — a position experts described as softer than earlier demands. A series of Israeli analysts have characterized the emerging US approach as a stalling tactic (analyst Dror Balazada, June 14) or as a significant policy departure from the 'maximum pressure' era.
Cohen's latest claims are drawn from a single source and remain a developing analysis. The precise mechanism and scope of the reported policy shift — including whether American refineries can indeed purchase Iranian oil directly — have not been independently confirmed.
4 developments
- DevelopingOil exports resume as Iran confirms deal with the United States
- DevelopingAnalyst: Trump's Iran deal allows oil exports without sanctions before full agreement is signed
- DevelopingCommentator Haim Cohen claims Israel pushed Iran 40 years forward, warns of retaliation
- DevelopingOil prices crash as US allows immediate Iranian oil exports, signaling policy reversal
Source and signal
- Internal intake