The United States has begun lifting sanctions on Iranian oil, issuing a waiver for Iran's petroleum exports, according to Iranian reports. The move comes just one day after a round of talks, signaling rapid momentum in US-Iran negotiations.
Iranian-linked channels reported on Monday afternoon that the United States has begun removing sanctions on Iranian oil, granting an exemption for Iranian petroleum exports. This development follows a single day of talks between US and Iranian negotiators, confirming the rapid momentum in the diplomatic track, as The Zioneer reported throughout Monday.
Earlier Monday, at 16:19 Jerusalem, The Zioneer reported that the US Treasury had issued a temporary license for Iranian oil sales through August 21. This built on a sequence of reports from Monday that started with Israeli media citing a 60-day waiver after reported progress in Switzerland talks (version 9), followed by Treasury Secretary Bessent's confirmation at 16:19 of a 60-day general license tied to Iran's commitments on freedom of navigation in the Strait of Hormuz and IAEA inspector access (version 11). The thread rapidly escalated: by version 7, i24NEWS reported the license allowed US oil imports and direct payments to the Central Bank of Iran and the IRGC. All reported at the same minute, reflecting a cascade of official confirmations and media clarifications.
As The Zioneer reported earlier this week, Iran's Foreign Ministry had already announced the sanctions lifting process had begun as early as Thursday night (Jun 18), and Iranian officials including Foreign Minister Araghchi stated Monday morning that sanctions on oil and petrochemical exports were suspended and the naval blockade removed. The Wall Street Journal had reported the emerging deal would include immediate sanctions relief on oil and banking, with broader relief conditional on Iran meeting US demands on the Strait of Hormuz and the nuclear issue — a condition echoed in the Treasury's framing.
It remains unclear whether the latest waiver, extending through August 21, represents a final agreement or an interim step, and whether the planned Friday talks in Switzerland will proceed as initially scheduled.
13 developments
- DevelopingSenior Iranian source: US naval blockade on ports has been lifted
- StrongWSJ: US-Iran deal to include immediate sanctions relief on oil and banking
- StrongCENTCOM says it has fully lifted the naval blockade on Iran
- ConfirmedU.S. and Iran reportedly near agreement on nuclear freeze, sanctions relief, and Strait of Hormuz reopening
Source and signal
- Internal intake