Iran could be set for a dramatic return to global oil markets after reports indicated that a new agreement with the United States would immediately lift key sanctions on its energy sector. The proposed memorandum of understanding would reportedly allow Iranian oil exports, banking transactions, shipping operations and insurance services to resume. The agreement could also lead to the gradual reopening of the Strait of Hormuz, a vital artery for global energy supplies. If signed as expected, the deal would mark a major shift in U.S.-Iran relations and could have far-reaching consequences for oil prices, trade routes and regional stability. #Iran #OilExports #USIranDeal #IranSanctions #StraitOfHormuz - @daily.news019