Al Jazeera English · updated 2026-06-23

U.S. TREASURY ISSUES 60-DAY WAIVER TO PERMIT PRODUCTION, DELIVERY AND SALE OF IRANIAN OIL

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“U.S. TREASURY ISSUES 60-DAY WAIVER TO PERMIT PRODUCTION, DELIVERY AND SALE OF IRANIAN OIL”

covered 2026-06-23 ▶ Be on the air with Al Jazeera English

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The Strait of Hormuz is only 21 miles wide at its narrowest!

Despite its tiny width, ~20% of the world's traded oil passes through it daily — roughly 17 million barrels. Iran borders one side, making it the world's most strategically critical maritime chokepoint.

This storyShould the U.S. release Iran's frozen assets as part of this deal?

  • Yes — it builds trust 0%
  • Only if Iran meets all terms 0%
  • No — leverage lost, nothing gained 0%
  • Too soon to judge 0%

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Natacha Butler reports on France & Europe from Paris for Al Jazeera.

Based in Paris, Butler covers French politics and society, giving Al Jazeera viewers on-the-ground perspective from one of Europe's most influential capitals. Explore Paris at Wikipedia

This storyHow much frozen Iranian money did the U.S. unblock in the 2023 prisoner swap?

  1. $1.5 billion
  2. $6 billion
  3. $12 billion
  4. $50 billion
Guess, then reveal the answer

$6 billion

This storyHow long has Switzerland been the U.S. diplomatic link to Iran?

  1. Since 1980
  2. Since 1953
  3. Since 1989
  4. Since 2001
Guess, then reveal the answer

Since 1980

This storyWill the Strait of Hormuz remain open after these talks?

  • Yes — the deal holds long-term 0%
  • Temporarily — tensions will return 0%
  • No — it closes within months 0%
  • Too soon to say 0%

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