Can Iran immediately sell oil after the agreement?

Yes, oil sales and sanctions relief on related services will take effect upon signing.

What are the main conditions of the agreement?

No nuclear weapons, destruction of enriched uranium, and no interference with Strait of Hormuz navigation.

Which sectors are covered by sanctions relief?

Oil sales, banking, shipping, and insurance services are included.

When will the agreement be signed?

It is scheduled for later this week, with provisions taking effect immediately.

What market impact is expected?

Increased Iranian oil supply may stabilize crude prices and improve market liquidity.

US Official: Iran Can Immediately Sell Oil After US-Iran Agreement Signing

Published Jun 17, 2026 3:25 AM ・ Updated Jun 19, 2026 5:43 AM ・ 3 min read ・ Source: CNA (Central News Agency)

A senior US official revealed that under the memorandum of understanding (MOU) between the US and Iran to end hostilities, Washington will allow Tehran to immediately resume selling oil and fuel, provided strict conditions such as nuclear disarmament are met.

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(Taipei, Washington, 16th - CNA, compiled from international news) A senior US official revealed today that under the Memorandum of Understanding (MOU) reached between the United States and Iran to end hostilities, Washington will allow Tehran to immediately begin selling oil and fuel.

According to Reuters, citing an informed official, sanctions relief on Iranian oil sales will take effect after the US and Iran sign the agreement later this week. The clause also covers banking, transportation, and insurance services to facilitate oil sales.

The official stated that the agreement comes with conditions, calling it "a results-based agreement."

"Iran will only receive any benefits under the MOU if it complies with all agreed terms, including not possessing nuclear weapons, destroying enriched uranium materials, and not interfering with freedom of navigation in the Strait of Hormuz," the official said. (Translation: Hung Chi-yuan) 1150617

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Source: CNA (Central News Agency)
Category: Taiwan
Dates in source: 1150617

US Official: Iran Can Immediately Sell Oil After US-Iran Agreement Signing

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