Iran Resumes Crude Oil Exports Following U.S. Blockade Agreement

Iran resumed crude oil exports for the first time in two months after a U.S. agreement to lift the naval blockade, with nearly 5 million barrels shipped.

Iran has carried out its first crude oil exports in nearly two months after reaching an agreement with the United States to end the U.S. naval blockade, according to maritime intelligence firm TankerTrackers.

The company reported on X that at least two supertankers operated by the National Iranian Tanker Company (NITC), the Diona and the Hero2, had passed beyond the perimeter of the U.S. Navy blockade carrying a combined 3.8 million barrels of Iranian crude oil. TankerTrackers also indicated that a third Iranian tanker had departed with an additional one million barrels of crude.

According to the firm, these shipments mark Iran’s first crude oil exports in approximately two months, during which U.S. forces maintained a stringent naval blockade around the country’s key oil export terminals.

The development comes just two days before the scheduled signing ceremony of a memorandum of understanding (MoU) between Washington and Tehran in Switzerland.

Iran’s Supreme National Security Council Secretariat announced that the two sides had finalized the text of the memorandum, which is intended to bring an end to the war and military operations across all fronts, including Lebanon.

The agreement is also expected to provide for the immediate and complete lifting of the U.S. naval blockade imposed on Iran.

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