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US waives sanctions on Iranian oil amid fragile peace talks

Jun 22, 2026, 4:14 PM20
(Update: Jun 23, 2026, 2:00 AM)
country in Western Asia
country primarily in North America
American conservative commentator, politician, venture capitalist and author
country in Western Asia

US waives sanctions on Iranian oil amid fragile peace talks

  • US and Iranian representatives met in Switzerland for the first time since signing a memorandum of understanding.
  • The memorandum lacks significant commitments, with unresolved issues regarding Iran's nuclear activities and regional alliances.
  • The future of the negotiations is uncertain, with the potential for increased conflict if no solid agreements are reached.
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