Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleA peace agreement between Donald Trump and Iran will allow Tehran to immediately resume selling its oil. This provision is considered a major concession from Washington. Sanctions waivers on Iranian oil sales, including banking, transportation, and insurance services, will take effect upon the agreement's signing later this week, providing an economic boost to Tehran. Earlier, Trump warned that 'all hell will rain down' on Iran if the regime attempts to obtain nuclear weapons. He stated the preliminary deal makes it clear Iran will not develop nuclear weapons, or face 'unbelievable consequences'. In fullIran-US war latest: Trump’s peace deal to allow Tehran to sell oil immediately if Strait of Hormuz stays openThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in

Iran has yet to confirm the signing of the deal and the final details

Oil prices had already fallen quite dramatically on Thursday and Friday, in anticipation of an imminent deal. President Trump has posted online that the Strait of Hormuz will…

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleDuring an Oval Office press conference on…

"The Deal with the Islamic Republic of Iran is now complete," President Donald Trump said in a social media post. "Congratulations to all!"President Donald Trump and Iranian…

President Donald Trump said on Sunday (Jun 14) that a peace deal with Iran is "now complete," announcing the Strait of Hormuz is open and the United States will lift its naval…

US President Donald Trump says oil tankers would be able to navigate the Strait of Hormuz toll-free, but many details of the deal with Iran are yet to be ironed out.

US President Donald Trump announced the deal, despite earlier strikes threatening talks.

United States President Donald Trump has announced that a ceasefire deal with Iran has been agreed to and that toll-free shipping through the Strait of Hormuz will now begin.The…

The Pakistan-mediated peace deal will be formally signed in Switzerland later this week

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The United States and Iran have announced a tentative agreement aimed at ending more than three months of conflict, raising hopes for stability in the Middle East while leaving…

The US and Iran have agreed on an interim deal to end the war, removing a major overhang for markets and sending oil prices lower

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A US-Iran deal to end the war and reopen the Strait of Hormuz could ease the global energy crunch, but oil prices and supplies may take months to stabilize as shipping restarts…

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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…

WASHINGTON, June 16 (Reuters) - The U.S. will allowIran to immediately begin selling oil and fuel under the memorandum of understanding the two sides reached to end the war, a…

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleA peace agreement between Donald Trump and…