How US-Iran MoU could boost Tehran's oil exports and future production

Published 18 June 2026 · world

The memorandum of understanding (MoU) to end the war, open the Strait of Hormuz, and begin talks on halting Iran's nuclear program, is now in

The memorandum of understanding (MoU) to end the war, open the Strait of Hormuz, and begin talks on halting Iran's nuclear program, is now in effect.

What does this agreement mean for Iran's future oil production? And how much oil does Iran actually have to export? Al Jazeera’s Perry Wilton explains.

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