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Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 16, 2026. REUTERS/Stringer/File Photo Purchase Licensing Rights, opens new tab
June 16 (Reuters) - The U.S. will allow Iran to immediately begin selling oil and fuel under the memorandum of understanding the two sides reached to end war, the Wall Street Journal reported on Tuesday, citing people familiar with the agreement.
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Reporting by Ryan Patrick Jones in Toronto; Editing by Daphne Psaledakis
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Energycategory · June 16, 2026 · 3:33 PM UTC · ago
Hungary's MOL and Russia's Gazprom Neft and Gazprom should get a 15-day extension for talks on the purchase of a 51.56% stake in the Serbian-based oil firm NIS, Serbian President Aleksandar Vucic said on Tuesday, as an initial deadline expired.
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