US Authorizes Sale of Iranian Oil as Part of Peace Deal (opens original article in a new tab)

The US has authorized the sale of Iranian oil and petroleum products as part of a peace deal, including a 60-day license for Iran to export energy and lifting of port blockades and asset freezes.

• US authorizes sale of Iranian oil and petroleum products as part of peace deal
• US Treasury issues 60-day license for Iran to sell energy exports through Aug. 21
• US to lift blockade of Iranian ports and release billions in assets as part of agreement