Maritime & Logistics

Trump Administration to Immediately Lift Iranian Oil Sanctions Under New Agreement

Low Severity Asia Iran
Date Occurred Jun 16, 2026 19:00 UTC
Event Type Maritime & Logistics
Source gCaptain
Recorded Jun 16, 2026
Full Description

The U.S. will allow Iran to immediately begin selling oil and fuel under the memorandum of understanding the two sides reached to end the war, a senior U.S. official said on Tuesday.

Original Source
https://gcaptain.com/trump-administration-to-immediately-lift-iranian-oil-sanctions-under-new-agreement/
Country Profile
Iran flag Iran
Region Asia
Capital Tehran
GDP / Capita $7000.0
View Full Country Profile
Event Metadata
  • ID #9053
  • Type Maritime & Logistics
  • Region Asia
  • Severity Low
  • Indexed Jun 16, 2026
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