Peace Talks Prompt US to Open Iran Oil Door, Shaking Global Markets

1 min read
Source: Yahoo Finance
Peace Talks Prompt US to Open Iran Oil Door, Shaking Global Markets
Photo: Yahoo Finance
TL;DR

The US Treasury issued a 60-day license allowing Iran to sell crude and move petrochemical products—with USD payments—marking a major reversal of the maximum-pressure campaign as peace talks progress; a potential flood of Iranian oil could weigh on global prices, but the real-world impact remains uncertain due to lingering EU sanctions and logistical hurdles.

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