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Iran will reopen Strait of Hormuz and can sell oil freely under deal with US, according to leaks

Iran's decision to reopen the Strait of Hormuz could shift the global oil landscape dramatically. Under a new U.S.-Iran deal, Iran is set to sell oil freely, potentially stabilizing energy markets. However, the lack of nuclear program limit...

AP News· Jun 17, 2026 · 12:57 PM · 20 views

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Iran's decision to reopen the Strait of Hormuz could shift the global oil landscape dramatically. Under a new U.S.-Iran deal, Iran is set to sell oil freely, potentially stabilizing energy markets. However, the lack of nuclear program limitations in the agreement raises significant concerns. #Iran #OilMarket #StraitOfHormuz #GlobalEconomy #USIranDeal

Originally reported by AP News. Read the full story →

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