The US Treasury Department has issued a 60-day license easing sanctions on Iranian oil, a move linked to ongoing peace talks. This represents a significant, though temporary, shift in US policy towards Iran. The decision aims to facilitate discussions and potentially unlock stalled negotiations regarding Iran’s nuclear program. While sanctions remain largely in place, the license allows for some trade in Iranian oil without risking secondary sanctions. Officials emphasize this is not a broad easing of restrictions, but a targeted measure to encourage continued dialogue. The move comes as talks have shown some progress, though significant hurdles remain. The license will be reviewed and potentially extended depending on the outcome of ongoing negotiations.