Iran's oil exports declined sharply at the start of 2026, new tanker-tracking data show, raising fresh questions about the durability of Tehran's most important economic lifeline under renewed US sanctions pressure.
See this event through different lenses
Compare how Western, Iranian, Israeli, Global South, and Pro-Peace perspectives frame this event.
Compare PerspectivesLoading notes...
Iran's crude exports have traced one of the more dramatic arcs in oil markets. This week's chart maps that journey from the promise of the 2015 nuclear deal to the collapse that followed and the tentative signs of recovery now emerging in the latest data from June 2026.
The resumption of hostilities follows recent shifts in U.S. sanctions policy toward Iran, including a June 2026 memorandum of understanding (MoU) and OFAC's issuance of General License X (GL X), which temporarily authorized certain transactions involving Iranian-origin oil and petroleum products.
On July 7, 2026, OFAC revoked those authorizations through General License X1 (GL X1) and ...
Reflecting on the US-Iran Peace Agreement of 2026: Diplomacy, Coercion, and the Architecture of a Fragile Settlement Dr Mohamed Chtatou The June 2026 memorandum of understanding (MOU) between the ...
The cease-fire agreement that Iran and the United States agreed to last month set a 60-day deadline for brokering a final peace deal, including the thorny issues of limits on Iran's nuclear ...