According to the Journal’s report, the same provision allows for Iran to utilize banking, transportation, and insurance services to facilitate the sales.

The US and Iran reached a 14-point MOU to lift oil sanctions waivers, reopen the Strait of Hormuz, and potentially unfreeze $24-25 billion in assets.

America will permit Iran to start selling oil and fuel immediately. This follows a memorandum of understanding to end a war. Sanctions on Iranian oil sales will be waived. This…