US Temporarily Lifts Sanctions on Iranian Oil Exports for 60 Days
ONP Summary
The United States has temporarily waived sanctions on Iranian oil exports for two months through August 21, 2026, as negotiations on a broader nuclear and regional peace agreement advance. In exchange, Iran committed to allowing International Atomic Energy Agency nuclear inspections and maintaining open maritime transit through the Strait of Hormuz.
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[International] :
The United States has temporarily lifted its decades-old sanctions on Iranian oil exports in the wake of the two sides’ negotiations in Switzerland to reach a final peace agreement.
In a message on X on Monday, U.S. Secretary of Treasury Scott Bessent said that, in line with “ongoing productive ...
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