business

US Grants Iran 60-Day License for Oil Sales Amid Ongoing Peace Talks

23 Haziran 2026Bloomberg

The US has granted Iran a 60-day license to sell oil on the international market, providing the country with a crucial economic boost. This development comes as the US and Iran engage in ongoing discussions aimed at reaching a permanent peace agreement.
The license may help ease some of the economic pressures on Iran while negotiations continue. Bloomberg's Abeer Abu Omar provides insights from Dubai.
The issuance of the oil sales license occurs amidst heightened tensions between the US and Iran, following years of sanctions that have severely impacted Iran's economy. The ongoing talks for a peace deal represent a significant shift in diplomatic relations, with both sides seeking to address long-standing grievances.
This move by the Trump administration could be seen as a strategic attempt to create leverage in negotiations with Iran. By allowing oil sales, the US may be trying to foster goodwill, potentially influencing Tehran's willingness to compromise on key issues.

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This article is based on reports from Bloomberg and reflects the situation as of the publication date.

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