Important economics «breathing» Tehran is expected to receive under the new de-escalation agreement with the United States, as it provides for the immediate lifting of restrictions preventing the country's oil and fuel exports.

According to information broadcast by WSJ citing sources with knowledge of the content of the agreement, Washington agreed to re-sell Iranian oil on international markets immediately after signing the text, offering a strong economic incentive to the Iranian side to maintain the truce and to continue negotiations.

The agreement is not limited to energy exports. It also provides for exemptions from penalties relating to critical services, such as banking, maritime transport and cargo insurance, thus allowing the normal conduct of commercial activities.

This is a first step in economic recovery that could restore significant revenue to Iran's state funds after months of intense pressure and exclusion.

The developments seem to have already begun to be reflected in practice. According to data citing a monitoring agency for Iran's nuclear activities, a crude oil tanker departed from the Champahar port and crossed areas that were previously affected by the American blockade.

The ship continued its course in the Gulf of Oman with its tracking system activated, in a move considered indicative of the change in status in force since April.

Conditions for permanent relief

Despite the immediate relaxation of certain sanctions, American officials make it clear that full economic rehabilitation will not be automatic.

The preservation of privileges will depend on Tehran's stance on a number of issues Washington considers crucial, such as free navigation in the Straits of Hormuz and progress in talks on the country's nuclear programme.

At the same time, the Iranian government does not directly gain access to all its frozen funds, which are estimated to exceed $100 billion.

The contents of the Agreement

The agreement, which according to the US government was signed electronically on Sunday and is expected to be finalised within the next few days, provides for an extension of the cessation of hostilities and simultaneous lifting of blockades in the Straits of Hormuz.

Development is considered particularly important for global trade and the energy market, as a large proportion of international oil transport passes through this passage.

At the same time the path for a new round of negotiations on the future of the Islamic nuclear programme opens up.

Reactions in USA and Israel

The decision to provide Iran with financial facilities before a definitive agreement has provoked reactions in political circles in both the United States and Israel.

Critics of the agreement argue that Washington is abandoning one of the most important means of pressure against Tehran, offering exchanges without prior significant concessions.

Analysts, however, consider that the US side considers it necessary to provide financial incentives to maintain the climate of dialogue and to ensure Iran's cooperation in the subsequent stages of negotiations.

The draft understanding accompanying the agreement leaves open the possibility of even greater financial support for Iran, since the country accepts basic American requirements regarding uranium enrichment and dismantling critical parts of its nuclear programme.

American officials have hinted that various scenarios are being considered, including Tehran's access to frozen assets, but also funding mechanisms to restore the damage caused by the war conflict.

Although President Donald Trump clarified that the United States does not intend to directly fund a $300 billion reconstruction fund, government officials point out that all options remain under discussion, provided Iran meets its commitments.

The next day's bet

For Washington, Iran's ability to return legally to international oil markets is a way of providing direct economic benefits without the disbursement of American resources.

At the same time, it is estimated that an increase in oil supply could help stabilise or even reduce international energy prices.

The next period is expected to show whether this economic approach will work as a catalyst for a more permanent diplomatic agreement or whether deep disagreements around the nuclear programme and regional security will lead to new tensions.

With information from WSJ


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