Central Bank of Iran Governor Abdolnaser Hemmati stated that all funds from Iranian oil exports, which the US will allow under the emerging deal, will be held by the central bank and used at its discretion, according to an Iranian the source linked to the desk. Separately, a senior US official told an Israeli source that Washington will waive sanctions on Iranian oil exports, arguing that Iran is already selling oil and that continued sanctions under current conditions are "absurd." Another US official framed the relief as relatively small compared to war damage to Iran.
The emerging US-Iran deal, which The Zioneer has been tracking since Sunday, now faces commentary from both Iranian officials and American sources about the financial mechanics of sanctions relief. Central Bank of Iran Governor Abdolnaser Hemmati said on the source that all funds from oil sales—allowed under the deal—will be held by the central bank and used at its sole discretion. The statement appears aimed at domestic audiences, signaling that the regime controls the revenue stream and that "many associates will get rich in Iran."
Separately, a senior US official told an Israeli source that Washington will waive sanctions on Iranian oil exports, arguing that Iran is already selling oil at a discount to China and that maintaining sanctions is "absurd." Another US official described the relief as worth "single-digit billions of dollars" relative to war damage inflicted on Iran, and suggested the move could help lower global oil prices.
As The Zioneer reported on Tuesday, oil prices have already crashed on the sanctions relief news, and analysts have debated whether the deal amounts to a strategic concession by the Trump administration. Hemmati's statement, and the US officials' framing, underscore that the central question is not whether Iran will export oil, but who controls the proceeds.
- StrongUS says Iran to be allowed to sell oil as soon as nuclear deal is signed — AFP
- DevelopingSanctions on Iran's oil exports begin lifting tonight, Foreign Ministry says
- 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
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