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US-Iran deal could hand Tehran more than $60bn a year in oil revenue - WSJ

Jun 20, 2026, 09:02 GMT+1

The US-Iran memorandum could restore a major source of revenue for Tehran by allowing it to resume oil and fuel sales, the Wall Street Journal reported.

The report said Iran could earn more than $60 billion a year from oil sales based on its prewar production levels and current prices.

Several oil-laden Iranian tankers have already left port and crossed the US naval blockade line this week, the report said, describing the movement as an early sign of anticipated exports.

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