Wall Street Journal: US-Iran deal allows Tehran to sell oil immediately

CoinFeed reported on June 16 that, according to the Wall Street Journal, sources familiar with the matter said that under the agreement, the United States will allow Iran to immediately resume oil and fuel export sales, providing Tehran with an early economic incentive to promote de-escalation. The clause in the agreement regarding the exemption of sanctions on oil sales will take effect immediately after the agreement is signed this week. At the same time, essential services supporting oil sales, such as banking, transportation, and insurance, will also be exempted to ensure the smooth conduct of related transactions. The "Anti-Nuclear Iran Coalition" (UANI) stated that a supertanker carrying Iranian crude oil has left the port of Chabahar, crossed the US blockade, and sailed out of the Gulf of Oman on Tuesday with its ship positioning system activated. This is the first such incident since the US imposed a maritime blockade in April of this year.