Iran Gets Major Economic Lifeline for Minimal Concessions in Initial Deal NYT - Top Stories By: Yeganeh Torbati 18 June 2026 at 11:14 The agreement delays the most difficult steps for Iran for later talks, while granting it crucial benefits. © Planet Labs Pbc, via ReutersA satellite image of Kharg Island, a crucial Iranian oil hub. The deal grants Iran waivers to begin exporting its oil even before the negotiation of a final agreement on its nuclear program.