The U.S. Has Not Meaningfully Imported Iranian Oil Since Washington Imposed Measures After the 1979 Revolution. It Was Unclear Whether Any Iranian Oil Would End Up in the Country as a Result of the Waiver

The sale, delivery, and unloading of oil and petroleum products are allowed until midnight on April 19

The waiver will bring some 140 million barrels of oil to global markets and help relieve pressure on energy supply, Treasury Secretary Scott Bessent said.

The waiver will bring some 140 million barrels of oil to global markets and help relieve pressure on energy supply, Treasury Secretary Scott Bessent posted on X.

The Trump administration waived sanctions on the purchase of Iranian oil at sea for 30 days on Friday in its latest attempt to ease oil prices that have been driven up by the…

The U.S. Has Not Meaningfully Imported Iranian Oil Since Washington Imposed Measures After the 1979 Revolution. It Was Unclear Whether Any Iranian Oil Would End Up in the Country…