A senior US official said Tuesday evening that Iran would be able to resume oil and fuel sales immediately upon signing the emerging deal with Washington, according to a report. The statement reinforces the Wall Street Journal's earlier report that the draft memorandum of understanding includes immediate sanctions relief on Iranian oil exports.
A senior US official said Tuesday evening that Iran would be able to sell oil and fuel immediately after signing the emerging nuclear deal with Washington, according to a report that began circulating on Israeli channels. The statement adds further official weight to the oil-export component, which the Wall Street Journal first reported roughly an hour earlier as being included in the draft memorandum of understanding.
As The Zioneer reported at 18:57 Jerusalem, the Journal disclosed that the draft US-Iran MOU includes immediate sanctions relief on Iranian oil exports upon signing, with exemptions in banking, transportation, and insurance. A tanker was seen departing Iran's Chabahar Port and transiting the Gulf of Oman broadcasting its location — the first such openly-tracked voyage since the US naval blockade began in April. The initial Journal story was described as an unverified report; by a subsequent version at 18:57, the same details were presented as a direct disclosure from the emerging document.
President Trump confirmed the completion of the deal late Sunday, ordering the immediate lifting of the naval blockade and reopening of the Strait of Hormuz. Senior US officials have since described the agreement as a 60-day framework under which all enriched uranium would be removed from Iran. The senior official's latest statement now ties the immediate oil-sale language explicitly to the signing moment, reinforcing the sequence of relief starting at signature rather than after verification steps.
It remains unclear whether the immediate oil-sale provision requires any separate implementation mechanism, or whether Iranian tankers already at sea will be cleared for delivery under the new terms immediately upon signature. No US or Iranian official has specified the legal or logistical trigger for the sanctions relief taking effect.
5 developments
- ConfirmedU.S. and Iran reportedly near agreement on nuclear freeze, sanctions relief, and Strait of Hormuz reopening
- StrongVance details economic incentives in US-Iran MOU: sanctions relief conditional on nuclear disarmament
- StrongTrump: US and Iran close to 60-day ceasefire deal, Strait of Hormuz to reopen
- StrongWall Street rallies as Trump's Iran deal buoys markets
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