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US Treasury eases sanctions, issues 60-day license for Iranian oil amid progress in peace talks (opens original article in a new tab)

TL;DR

US Treasury eases sanctions by issuing 60-day license for Iranian oil transactions amid progress in peace talks

  • US Treasury issues 60-day license for Iranian oil transactions
  • License allows production, delivery, and sale of Iranian crude oil and petrochemicals
  • License expires 21 August 2026
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