WASHINGTON — The U.S. will allow Iran to immediately begin selling oil and fuel under the memorandum of understanding the two sides reached to end...

Details of a draft memorandum between Washington and Tehran have begun to emerge, with a senior Iranian official telling Reuters that the proposed agreement includes Iran's…

The United States and Iran reached an initial agreement to open the Strait of Hormuz.

U.S. and Iranian officials confirmed they have reached an agreement to end their war and reopen the Strait of Hormuz, a preliminary deal that sent oil...

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…

"Early indications suggest this may depend on Iran clearing naval mines over an initial 30-day period."

The US and Iran finalized a memorandum of understanding on June 15, establishing a ceasefire and reopening the Strait of Hormuz. Stocks surged and oil

Even if the strait fully opens then, it will likely take months for the global energy crisis sparked by its closure to ease.

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.

The US and Iran signed an MoU ending their four-month conflict and reopening the Strait of Hormuz, with notable implications for oil markets and crypto

At least three Iranian oil tankers and two cargo vessels have transited the Strait of Hormuz following the US announcement that it would remove its naval blockade as part of the…

Iranian state television said Tuesday that Iranian oil tankers and other vessels had resumed shipping following a deal with Washington.For all the latest

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…

The United States will allow Iran to immediately resume oil and fuel exports immediately after the signing of the memorandum of understanding scheduled for Friday in Switzerland…

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

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…

President warns Tehran ‘all hell will rain down’ if it does not abandon its nuclear programme

Iran won’t have to wait for inspectors, certifications, or a long diplomatic victory lap to start earning oil revenue again.

The first Iranian ships crossed the area of the US naval blockade without obstruction after a memorandum of understanding was reached to end the war between Washington and Tehran.

Iran to resume oil sales after signing MoU with the US. WTI crude at $20 in June 2026 at 0.1% YES.