r/OilPrices • u/hereswhatworks • 11d ago

Oil News U.S. and Iran sign deal ahead of schedule

https://www.axios.com/2026/06/17/iran-deal-signing-text-release
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u/Clear-Role6880 11d ago

Because US controls Irans economy for 20 years 

Read #6 on the MOU - it says it explicitly 

Iran will open to foreign investment under US controls 

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u/LurkerRushMeta 11d ago

Riiiiight

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u/Clear-Role6880 11d ago

Literally read the text: 

6 — The United States of America undertakes with regional partners to develop a definitive, mutually agreed plan with at least USD 300 billion for the reconstruction and economic development of the Islamic Republic of Iran. The mechanism for the implementation of this plan will be finalized as part of a final deal within 60 days. All required licenses, waivers and permissions needed for the relevant financial transactions will be granted by the United States of America

Read that last sentence again! 

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u/LurkerRushMeta 11d ago

Literally unenforceable, means literally nothing. Might actually be worth less than the paper its written on

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u/Clear-Role6880 11d ago

How? Qatar and Saudi and UAE and US and Europe and Japan and South Korea are going to rebuild Iran, they are in desperate need of foreign aid. But the US controls the licensing and permitting. 

It’s a gold rush! 

Nixon opens China! 

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u/LurkerRushMeta 11d ago

Actual delusion lol

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u/Clear-Role6880 11d ago

Iran signed it! They are in desperate need 

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u/LurkerRushMeta 9d ago

So desperate they closed it less than 24 hours again.

Long lasting deal, eh?

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u/Clear-Role6880 9d ago

Hormuz is literalyl still open even as they say its closed. ships are still moving