The United States has authorized the sale of Iranian crude oil, marking a significant easing of decades-old sanctions as part of a broader push toward a final peace agreement with Tehran.
The move comes in exchange for Iranian concessions on its nuclear program, according to reports citing sources familiar with the negotiations.
The authorization allows Iran to resume exports to global markets, a development that could add substantial supply to an already tight energy landscape.
However, the waiver is not universal; transactions involving North Korea or Cuba remain strictly prohibited, as both nations continue to face severe US sanctions.
This development follows earlier reports that Iran was set to regain permission to sell crude as part of a framework designed to end the ongoing conflict.
The proposed agreement aims to de-escalate tensions in the Middle East while addressing Western concerns over Tehran's nuclear ambitions.