"Oil sanctions waiver" for Iran in the MOU is most likely the same General License that
@USTreasury issued on March 20, 2026, a narrow authorization covering crude already loaded on vessels.
Here are some details:
1/4 Don't expect this authorization to open a new market for Iranian oil. Iran's buyers aren't switching. China accounts for roughly 90% of Iran's oil exports, with independent "teapot" refineries in Shandong province absorbing the majority of that trade. These refiners already accept the sanctions risk. If anything, a temporary license gives them marginal cover — but once it lapses, they'll keep buying anyway. New Western buyers aren't coming, new Asian buyers highly unlikely.
🚨 I just spoke with a senior White House official (whom I trust 100%):
He laughed at how everyone who correctly points out that the Iranian regime lies about everything is suddenly believing what it publishes about the MOU, and losing their minds over it.
He shared the actual details of the deal with me, which are VERY DIFFERENT from what the regime is claiming:
🔸 ZERO CASH released to the regime. Some of the frozen funds will be unfrozen for humanitarian purchases only, and every single purchase must be approved by the US. He emphasized that all the money in the MOU is tied to Iran's actual nuclear concessions, not just for talking ("pay for performance," not "pay to play").
🔸 ZERO ENRICHED MATERIAL: Unlike what is being claimed, the US stance is that ALL enriched uranium (including all 60%, 20%, and 3.67% enriched material) will be taken out of Iran or diluted to make it unusable.
🔸 The only sanctions relief is a temporary 60-day window on oil sales, which will snap back into place at the end of the 60 days if no deal is reached.