The United States will allow Iran to immediately resume its oil and fuel export sales.

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Deep Tide TechFlow News: On June 16, 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 the sale of oil and fuel exports, providing Tehran with an upfront economic incentive to help cool tensions. The provisions in the agreement related to waiving sanctions on oil sales will take effect immediately after the agreement is signed this week. At the same time, necessary services that support oil sales—including banking, shipping, and insurance—will also receive exemptions to ensure the relevant transactions can proceed smoothly.

The “Anti-Nuclear Iran Alliance” (UANI) said that a supertanker carrying Iranian crude oil has left Chabahar port, crossed the U.S. blockade line, and on Tuesday, with the vessel’s positioning system activated, sailed out of the Gulf of Oman. This is the first time such a situation has occurred since the U.S. imposed a maritime blockade in April this year. A senior U.S. official said Tuesday that although Iran will receive an upfront sanctions waiver for oil sales, long-term and sustained sanctions relief will depend on whether Iran fulfills U.S. demands, including opening the Strait of Hormuz and addressing issues related to its nuclear program. The official added that Iran will still not immediately gain access to the tens of billions of dollars of funds frozen overseas.

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