US Lifts Some Sanctions Targeting Iran’s Energy Sector

An Iranian man works on an oil production platform at the Soroush oil fields south of Iran's capital Tehran, July 25, 2005. REUTERS/File Photo
An Iranian man works on an oil production platform at the Soroush oil fields south of Iran's capital Tehran, July 25, 2005. REUTERS/File Photo
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US Lifts Some Sanctions Targeting Iran’s Energy Sector

An Iranian man works on an oil production platform at the Soroush oil fields south of Iran's capital Tehran, July 25, 2005. REUTERS/File Photo
An Iranian man works on an oil production platform at the Soroush oil fields south of Iran's capital Tehran, July 25, 2005. REUTERS/File Photo

The US administration lifted sanctions on three former Iranian officials and some energy companies amid the faltering nuclear negotiations in Vienna.

The Biden administration said it was willing to lift more sanctions on Tehran, in order to ease the economic pressure if the country changes course.

This came as the US, Iranian, European, and Chinese negotiators are preparing for the sixth round of talks to restore the 2015 nuclear deal between Iran, the US, and the P+1.

The talks are expected to begin again this weekend in Vienna, according to the official spokesman for the US State Department, Ned Price.

In a press conference on Thursday, Price confirmed that the US administration is prepared to leverage its applicable authorities, including sanctions, against any actor that enables Iran’s ongoing provision of weapons to violent partners and proxies.

“We will continue to apply pressure on Iran if it attempts to transfer any weapons to violent partners and proxies,” he said, adding that if this is an effort to transfer weapons or otherwise to violate its international obligations, Washington is prepared to respond.

Price explained that the recent delistings are a result of a verified change in behavior or status on the part of the sanctioned parties.

"The broader point here – and we have always maintained this – sanctions are not an end to themselves. Sanctions are a means to an end," he noted.

“Every time we impose sanctions, it is our hope that through a verified change in behavior, a verified change in status, we’ll one day be able to remove those sanctions, because that means that through one way or other, our policy objectives have been met.”

The delistings demonstrate Washington’s commitment to lifting sanctions in the event of a change in behavior or status for sanctioned persons, reiterated Price, describing it as a “normal practice. It is a practice consistent with good sanctions hygiene and administrative processes.”

However, he stressed that lifting the sanctions is not linked to the Joint Comprehensive Plan of Action (JCPOA) or to negotiations that are ongoing in Vienna.

Price noted that the US administration believes in the rules-based international order, and freedom of navigation is something that “we espouse for ourselves and for international partners.”

If Iran would seek to affect the transfer of weapons or other illicit materials, Washington would be prepared to hold it accountable.

“Freedom of navigation is a principle we defend for ourselves,” asserted Price, adding that it is an element of the broader rules-based international order that Washington believes, defends, and promotes not only because it applies to it but because it applies to the rest of the world.

He noted that the Special Envoy for Iran, Robert Malley will be returning to Vienna along with his team for the sixth round of negotiations.

“We have always said we expected this to be a multi-round set of negotiations,” he said, noting that this was an opportunity for the Iranian side to crystallize the steps they would need to take to resume compliance with the JCPOA.

The Treasury and State Departments said it lifted sanctions "on three former government of Iran officials, and two companies previously involved in the purchase, acquisition, sale, transport, or marketing of Iranian petrochemical products, as a result of a verified change in status or behavior on the part of the sanctioned parties,” as part of a routine technical practice.

Officials familiar with talks underway in Vienna on the future of the 2015 multilateral Iran nuclear agreement told the Wall Street Journal that the Biden administration has been looking at how it could inject momentum into the negotiations.

“Oil prices tumbled nearly 2 percent after the news, but quickly regained their losses, continuing to trade over $70 a barrel.”

US and European officials have said significant differences remain between Washington and Tehran over how to restore the nuclear deal, including the extent of any potential sanctions relief.

The Vienna negotiations now look very likely to drift past Iran’s presidential elections on June 18, which some Western officials saw as a target date to complete the talks because of their potential effect on Iran’s position.

US officials have said they would be prepared to lift most sanctions on Iran’s oil, petrochemical and shipping sectors as part of a deal to restore the 2015 nuclear agreement.

Washington has insisted it will maintain other anti-terrorism sanctions, including that on the Islamic Revolutionary Guard Corps (IRGC), and al-Quds Force.

Meanwhile, Russia is preparing to supply Iran with an advanced satellite system that will give Tehran an unprecedented ability to track potential military targets across the Middle East and beyond, according to current and former US and Middle Eastern officials briefed on details of the arrangement.

The Washington Post reported that the plan would deliver to the Iranians a Russian-made Kanopus-V satellite equipped with a high-resolution camera that would greatly enhance Iran’s spying capabilities, allowing continuous monitoring of facilities ranging from Gulf oil refineries and Israeli military bases to Iraqi barracks that house US troops.

Iranian military officials have been heavily involved in the acquisition, and leaders of the Revolutionary Guard Corps have made multiple trips to Russia since 2018 to help negotiate the terms of the agreement, the officials said.

As recently as this spring, Russian experts traveled to Iran to help train ground crews that would operate the satellite from a newly built facility near the northern city of Karaj, according to the officials.



Trump Says Iran Deal Has Been Signed, Text to Come Soon

US President Donald Trump (L) shakes hands with France's President Emmanuel Macron during a bilateral meeting on the sidelines of the G7 summit, in Evian, central-eastern France on June 15, 2026. (AFP)
US President Donald Trump (L) shakes hands with France's President Emmanuel Macron during a bilateral meeting on the sidelines of the G7 summit, in Evian, central-eastern France on June 15, 2026. (AFP)
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Trump Says Iran Deal Has Been Signed, Text to Come Soon

US President Donald Trump (L) shakes hands with France's President Emmanuel Macron during a bilateral meeting on the sidelines of the G7 summit, in Evian, central-eastern France on June 15, 2026. (AFP)
US President Donald Trump (L) shakes hands with France's President Emmanuel Macron during a bilateral meeting on the sidelines of the G7 summit, in Evian, central-eastern France on June 15, 2026. (AFP)

US President Donald Trump on Monday said an agreement with Iran has been signed and that the text of the deal would be released sometime after a formal signing on Friday, adding that the Strait of Hormuz would also be fully open.

Speaking alongside ‌French President ‌Emmanuel Macron ahead of this ‌week's ⁠G7 meeting, Trump ⁠said he did not know if he would attend the Friday ceremony expected in Geneva, but that US Vice President JD Vance would be there.

"The deal's all signed. ⁠And the strait is ‌already partially opened, ‌as you know," Trump told reporters shortly ‌after arriving in Evian, France. "On Friday, ‌it'll be completely open."

Vance earlier on Monday said the agreement had been signed digitally on Sunday and that no funds ‌were released.

Asked when the text of the memorandum of ⁠understanding ⁠would be made public, Trump said: "Probably pretty soon. I would say after sometime after Friday... I think sometime in the very near future."

Trump said any sanctions relief for Tehran was "really a behavioral thing. If they do what they're supposed to do, that starts taking effect."

There was no immediate response from Tehran to the report that the agreement, which both sides announced overnight, had already been signed. Previous reports from both sides had suggested it would be signed officially at a ceremony in Geneva on Friday.  

In an early reminder of the agreement's fragility, Israel - which launched the war alongside the United States in February and was not consulted on the talks to end it - struck a car with a drone in southern Lebanon, where it has been battling the Iran-aligned Hezbollah movement. Iran has said the deal must bring a full cessation of hostilities there. 

The terms of the memorandum of understanding, reached after more ‌than two months of ‌negotiations, have yet to be published. A US official, speaking on condition of anonymity, said ‌he expected ⁠the terms would ⁠be made public in the next 24-48 hours. 

Oil prices tumbled on the prospect of an end to disruption to global energy supplies, and share prices soared, some hitting new records. 

Trump, who had earlier said the blockaded Strait of Hormuz would be open on Friday, said on Monday that ships had already begun transiting it. However, the US military told shippers it had not yet lifted its blockade of Iranian ports. 

60-DAY NEGOTIATION PERIOD 

According to accounts from both sides, the agreement would reopen the blockaded strait and extend a ceasefire for a 60-day negotiation period, when contentious issues such as the future of Iran's nuclear program are due to be decided. 

Meanwhile, ‌the immediate fate of the pact could hinge on Lebanon, where Israel has been battling the Iran-aligned Hezbollah armed group in parallel with the wider ‌war that it launched alongside the United States against Iran in February. 

Iran has said the preliminary agreement requires a cessation of ‌hostilities on all fronts, including in Lebanon. Israel, which was not consulted on the preliminary deal, has said it reserves the right to act in Lebanon against Hezbollah threats. 

Security sources said fighting in southern Lebanon had tamped down on Monday after the agreement was announced but had not ceased entirely. 

In the first strike of its kind since the announcement, an Israeli drone struck a car in the southern Lebanese town of Kfar Tebnit, killing the ‌driver, Lebanese state media reported. There was no immediate comment from the Israeli military on the strike. 

LEBANON HAS BEEN A STICKING POINT  

While the US and Iran had largely ceased hostilities ⁠in early April, fighting has not ceased ⁠in Lebanon, where Hezbollah opened fire on Israel in support of Tehran on March 2 and Israel responded with an air campaign and ground invasion that has uprooted some 1.2 million people. 

Iran's Foreign Minister Abbas Araqchi said there must be a complete halt to Israeli attacks against Lebanon and wrote on Telegram that the US bears responsibility for implementing the framework deal. 

Hezbollah welcomed the deal and said the inclusion of Lebanon reflected Iran's commitment to securing a halt to the war and preserving Lebanon's rights. 

Israeli Prime Minister Benjamin Netanyahu has yet to respond publicly to the US-Iran agreement. But Defense Minister Israel Katz said that Israel would remain "indefinitely" in areas it is occupying in southern Lebanon to eliminate what it perceives as militant threats.  

Privately, Israeli officials' views of the deal have been negative. One senior Israeli official told Reuters on condition of anonymity that the agreement was "terrible for Israel," and that this assessment was shared throughout the government from Netanyahu on down. 

The reopening of the Strait of Hormuz would help solve a global energy crisis precipitated by the war, which has hurt Trump's political fortunes by forcing up gasoline prices in the United States. 

"Ships of the World, start your engines. Let the oil flow!" he wrote on Sunday. 

On Monday he announced: "Ships are starting to move, many loaded up with Oil, out of the Strait of Hormuz." 


Somaliland Opens Embassy in Jerusalem

 Somaliland's President Abdirahman Mohamed Abdullahi (L) is welcomed by Israeli President Isaac Herzog (R) at the presidential residence in Jerusalem, 14 June 2026, during his first visit to Israel. (EPA)
Somaliland's President Abdirahman Mohamed Abdullahi (L) is welcomed by Israeli President Isaac Herzog (R) at the presidential residence in Jerusalem, 14 June 2026, during his first visit to Israel. (EPA)
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Somaliland Opens Embassy in Jerusalem

 Somaliland's President Abdirahman Mohamed Abdullahi (L) is welcomed by Israeli President Isaac Herzog (R) at the presidential residence in Jerusalem, 14 June 2026, during his first visit to Israel. (EPA)
Somaliland's President Abdirahman Mohamed Abdullahi (L) is welcomed by Israeli President Isaac Herzog (R) at the presidential residence in Jerusalem, 14 June 2026, during his first visit to Israel. (EPA)

Somaliland opened its embassy in Jerusalem on Monday, Israel's foreign ministry announced, months after Israel became the first country to recognize the breakaway African state's independence.

"Honored to host my dear friend President @Abdirahmanirro at the Ministry of Foreign Affairs, during his historic State Visit to open Somaliland's embassy in Jerusalem," Israeli Foreign Minister Gideon Saar posted on X, during the first-ever state visit of President Abdirahman Mohamed Abdullahi.

"I'm proud of the privilege I had to write the first pages in the story of the Israel-Somaliland relationship," Saar added.

Somaliland is the eighth country to open its embassy in Jerusalem, following the United States, Guatemala, Honduras, Kosovo, Papua New Guinea, Paraguay and Fiji.

Most foreign diplomatic missions to Israel are located in Tel Aviv, as the status of Jerusalem is one of the thorniest issues in the Palestinian-Israeli conflict.

In December, Israel became the first country to recognize the independence of Somaliland since it declared its autonomy from Somalia in 1991 following a civil war.


Trump Arrives with Iran Deal to Meet Wary World Leaders at G7 Summit

US President Donald Trump shakes hands with French President Emmanuel Macron as they attend a bilateral meeting during the G7 Summit in Evian-les-Bains, France, June 15, 2026. (Reuters)
US President Donald Trump shakes hands with French President Emmanuel Macron as they attend a bilateral meeting during the G7 Summit in Evian-les-Bains, France, June 15, 2026. (Reuters)
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Trump Arrives with Iran Deal to Meet Wary World Leaders at G7 Summit

US President Donald Trump shakes hands with French President Emmanuel Macron as they attend a bilateral meeting during the G7 Summit in Evian-les-Bains, France, June 15, 2026. (Reuters)
US President Donald Trump shakes hands with French President Emmanuel Macron as they attend a bilateral meeting during the G7 Summit in Evian-les-Bains, France, June 15, 2026. (Reuters)

US President Donald Trump joined global leaders on Monday at the Group of Seven summit at a French lakeside resort, where relief over a deal to end the Iran war was tempered by unease over new US tariff threats aimed at France.

Trump was met at the G7 summit in Evian-les-Bains by Emmanuel Macron's chief of protocol ahead of a bilateral meeting with the French president. According to a prior planning document, Macron had been due to welcome Trump himself.

"Everything is very nice, thank you," Trump told reporters as he arrived, just hours after securing a preliminary deal with Iran that is one of several issues G7 leaders will wrestle with during the June 15 to 17 summit.

They will also seek common ground on the war in Ukraine, tackling global economic imbalances and sourcing critical minerals outside of the dominant supplier China.

LEADERS WARY OF TRUMP

Global leaders are increasingly wary of the United States and, underscoring the tensions, Trump told ‌the New York Post ‌before leaving for France he would "have no choice" but to apply 100% tariffs on French wine ‌unless Paris ⁠eliminates its digital ⁠tax on US tech giants.

Then, in a social media post just before arriving at the summit, he turned to a subject that has been a regular source of tension with centrist European allies: immigration.

"Sadly, if you import people from Third World Countries, you quickly become a Third World Country — And there's not a thing you can do about it," he wrote.

Trump's tariff threats come ahead of a summit that serves as the diplomatic culmination of Macron's second and final term and represent a blow for the unpopular French president.

Macron, who steps down next year, is increasingly seen as a lame duck at home but still has pull on a global stage. He was able to get Trump to agree to a glitzy ⁠dinner at the Palace of Versailles on Wednesday to mark 250 years of US independence.

Macron told ‌TF1 that France would not yield to Trump's threats, adding, "tariffs don't do anyone any good, ‌especially tariffs between G7 countries."

TRUMP REMAINS UNPREDICTABLE

Trump's comments on tariffs and immigration underline why he is viewed as a volatile partner by other G7 leaders.

Many ‌of them have been directly impacted by unilateral Trump decisions that have upended the Middle East, global trade and diplomacy, and prompted ‌deeper soul-searching over the US commitment to the post-war global order it helped establish.

During the summit, Trump is due to meet Middle Eastern leaders and attend a working session with Ukrainian President Volodymyr Zelenskiy.

The Tuesday meeting comes as Russian advances in Ukraine have slowed and Ukraine seeks more military funding from its allies, amid a barrage of attacks on Kyiv.

"This attack only strengthens our determination to do everything, with our allies and partners, to work towards a ceasefire that ‌Russia stubbornly refuses, then to peace. We will work on it at the G7," Macron said in a post on X.

Zelenskiy said on Monday he had offered to meet Russia's President Vladimir ⁠Putin at the G7 summit ⁠for talks to end their more than four-year-old war, but Putin was not ready to speak.

Zelenskiy's hand has improved since Trump famously told him in the Oval Office last year: "You don't have the cards." But he may find greater US support elusive as Trump prioritizes drawing a line under the Iran conflict, which has dented his support domestically.

DETAILS OF IRAN DEAL

G7 leaders will be keen to learn the details of the US-Iran deal. A memorandum of understanding is scheduled to be signed on Friday in Switzerland but precise terms are unclear.

Trump said the Strait of Hormuz, a major shipping route for global oil and gas supplies that Iran has effectively shut down, would open on Friday, and that he had ordered the end of the US blockade of Iranian ports.

France and Britain have been working on a military plan to send a mission to the region that would help open the Strait, although that would depend on Tehran's green light.

The leaders are not expected to have detailed discussions of what should be done, assuming the deal is signed, with Iran's highly enriched uranium, its ballistic program or frozen Iranian assets. These issues will entail complex, technical negotiations.

At the summit, Macron also wants to push for action on global macroeconomic imbalances. But Trump's warning on tariffs may cause some friction, particularly as French officials had said the digital tax would not be an issue for the G7.