Iran exports its first crude oil shipment in two months.

According to maritime data company TankerTrackers, Iran has successfully exported its first shipments of crude oil two months after Washington and Iran reached an agreement to end the US naval blockade.

Based on satellite imagery-verified tracking data of the ships, TankerTrackers reported that at least two supertankers belonging to the National Oil Transportation Company of Iran crossed the US naval blockade, carrying 3,8 million barrels of crude oil.

This move comes after the US and Iran announced a framework agreement aimed at ending the US-imposed blockade of Iranian ports.

On June 15, US President Donald Trump announced the reopening of the Strait of Hormuz under the terms of the peace agreement between the US and Iran. However, he unexpectedly revised the timeline shortly afterward, emphasizing that the strait would reopen after the official signing ceremony in Geneva on June 19.

Currently, US negotiators are working to quickly release the text of the agreement between Washington and Tehran, even if it means downplaying the importance of certain specific wording in that document.

Many officials described the agreement's content as extremely vague, primarily aimed at creating a more favorable environment for upcoming, highly technical direct negotiations. The framework was intended to help Iran politically persuade its domestic public.

Furthermore, the one-and-a-half-page memorandum, which Vice President JD Vance told CNN, did not reflect the key commitments Iran made to the U.S. through secret communication channels, which they claimed gave them more confidence in signing the agreement.

Currently, oil prices world Prices fell below $80 per barrel due to optimism about the imminent reopening of the Strait of Hormuz, which helped ease inflationary pressures on the global economy. Specifically, North Sea Brent crude was trading at $78,96 per barrel, down 5,1%. Meanwhile, US West Texas Intermediate crude fell 5,8%, to $76,05 per barrel.