Iranian tankers exit US blockade zone before talks to end war
Summary
Several Iranian oil tankers have crossed the U.S. blockade in the Strait of Hormuz just before new talks begin to end the conflict between the U.S. and Iran. The talks aim to reach an agreement on Iran’s nuclear program and to lift sanctions, and an initial framework deal has already been electronically signed by leaders from both sides.Key Facts
- Iranian tankers Diona and Hero 2, carrying 3.8 million barrels of oil, passed the U.S. blockade line on Tuesday.
- Another tanker, Stream, was sailing toward Iranian ports on Wednesday.
- The tanker Sonia I, carrying 1 million barrels of crude, also crossed the U.S. blockade line in the Gulf of Oman.
- The talks to end the war start on Friday at a resort in Switzerland and will last about 60 days.
- The talks follow U.S.-Israeli strikes on Iran on February 28.
- The talks aim to finalize Iran’s nuclear program agreement and plan to lift sanctions.
- An initial framework agreement was electronically signed by President Donald Trump, Vice President JD Vance, Iranian Deputy Foreign Minister Majid Takht-Ravanchi, and Iran’s lead negotiator Mohammad Bagher Ghalibaf.
- The U.S. plans to allow Iran to start selling oil and fuel immediately after signing a memorandum of understanding (MoU), including waivers for banking, transportation, and insurance services.
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