U.S. Eases Iran Sanctions Amid Complex Shift

Calgary News Today | 2 Min News | The Daily News Now! · Jun 28, 2026 · 1m

The U.S. is rolling back decades of sanctions on Iran in a bold move to end the war and stabilize energy prices—greenlighting oil sales and unlocking frozen funds—but the path is fraught with tension, recent ceasefire violations, U.S. strikes, and lingering disagreements that could derail the deal. For banks and corporations, the shift creates chaos and fear of legal fallout, as they scramble to navigate murky rules after seeing massive fines for past mistakes. Meanwhile, the U.S. Treasury’s new license allowing dollar-denominated oil transactions is a historic step, but getting major banks…