U.S. Sanctions Relief Could Restore Iranian Oil Exports

U.S., European and Iranian negotiators are nearing an agreement to revive the Obama-era Joint Comprehensive Plan of Action (JCPOA), better known as the Iran nuclear deal, according to officials involved in the talks. If they do reach an accord in the coming days, Iran would begin to wind down its nuclear enrichment program in exchange for sanctions relief – in particular, relief from strict U.S. sanctions on Iranian petroleum.

View entirety: Maritime Executive