New Delhi, July 3 -- Iran is selling more oil at higher prices than it could two weeks ago.

The US Treasury issued a sweeping sanctions waiver on June 22 authorizing Iranian oil sales through August 21 - the same date the 60-day MoU window closes. The structural alignment is deliberate. Washington's negotiating leverage over the final agreement includes the ability to reimpose those sanctions at the deadline; Tehran's incentive to reach terms before August 21 includes the revenue stream the waiver has already produced. The Doha talks this week produced movement on an additional $6 billion in frozen Iranian assets on top of the oil revenue the waiver is already generating - but both flows stop if the MoU expires without a final agreement....