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Arab Timesarabtimesonline.com

US Authorizes Iranian Oil Sales in Major Shift on Sanctions (opens original article in a new tab)

TL;DR

The US announced a sanctions waiver allowing Iran to sell oil and receive payments in USD, marking a significant policy shift. The move suspends major restrictions on Iran's energy sector and covers financial transactions and imports. Iranian officials claim the agreement shows progress in negotiations and asset releases.

  • US authorizes Iranian oil sales and payments in USD
  • Waiver suspends major energy sector sanctions until August 21
  • Iran claims progress in negotiations and asset release

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