Wall Street Journal, citing people familiar with the matter, reports the U.S.
will allow Iran to immediately resume oil and fuel exports under a deal, with
sanctions waivers on oil sales taking effect upon the agreement’s expected
signing this week. Waivers will extend to banking, shipping and insurance to
ensure transactions can proceed. Anti-nuclear group UANI said a supertanker
loaded with Iranian crude left Chabahar, crossed the U.S. blockade line and
exited the Gulf of Oman with AIS on — the first such movement since the U.S.
maritime blockade in April. A U.S. senior official said the waivers are an
upfront economic incentive to cool the conflict, but longer-term, sustained
sanction relief will depend on Iranian compliance with U.S. demands, including
reopening the straits and nuclear-related commitments; Iran will not immediately
regain billions frozen overseas.
