The U.S. Department of the Treasury has issued a “General License” authorizing the production, sale, transport, and discharge of crude o ...

Iranian supertankers have switched on their transponders, after going dark during the war, as they depart the region loaded with oil.

Washington has granted Iran a 60-day waiver on oil sanctions, permitting the nation to produce, export, and sell its crude until August 21. This move, part of an interim deal to…