Iran set to return to mainstream oil market as US temporarily waives sanctions
world
According to France 24, the United States is temporarily waiving sanctions on Iranian oil exports, a significant concession in ongoing peace negotiations. For decades, US sanctions cut Iran off from global energy markets, forcing Tehran to sell oil at steep discounts to China. Under the terms, Washington expects Iran to grant international inspectors access to its nuclear program — though Iran disputes making any commitment on that front. The two sides have sixty days to continue talks, but the sanctions relief marks a notable shift in a decades-long standoff.
Source: https://www.france24.com/en/iran-set-to-return-to-mainstr...
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