Iran Shipping Update – June 22, 2026

UANI | June 22, 2026

Summary

On June 22, the US Department of the Treasury issued a broad 60-day authorization, General License X, for Iranian oil exports. This follows the US-Iran Memorandum of Understanding signed by President Trump on June 17, lifting the two-month naval blockade.

Key Points

General License X Issued June 22

  • Treasury issued General License X — broad 60-day authorization for Iranian oil exports
  • This follows the June 17 MoU signed by President Trump
  • The license effectively ends the naval blockade of Iranian energy exports
  • Lifts sanctions on Iranian crude production, delivery, and sale — including to US refiners

Export Resumption

  • Iranian oil exports to resume under the 60-day window of the MoU
  • Over 100 million barrels reportedly ready for sale (per prior reporting)
  • US refiners may now import Iranian crude and pay in dollars

Source

  • UANI (https://www.unitedagainstnucleariran.com/blog/iran-shipping-update-june-22-2026)