Published: Jun 23, 2026, 12:42 IST | Updated: Jun 23, 2026, 12:42 IST
For the first time in nearly a decade, Washington is reportedly easing restrictions on Iranian oil exports, allowing Iran to sell oil in the open market and receive payments in U.S. dollars.
The move marks a significant shift in U.S. sanctions policy and could reshape global oil trade dynamics, energy prices, and geopolitical alignments in the Middle East.