US Grants 30-Day Reprieve To Sanctioned Iranian Oil Cargoes To Control Skyrocketing Prices

The United States has temporarily suspended sanctions on Iranian oil cargoes already loaded onto vessels at sea, marking a pragmatic pivot amid escalating global energy prices.This authorisation, announced by the US Treasury on Friday, permits the delivery and sale of Iranian crude oil and petroleum products loaded before 20 March, with the waiver extending until 19 April. It represents
The United States has temporarily suspended sanctions on Iranian oil cargoes already loaded onto vessels at sea, marking a pragmatic pivot amid escalating global energy prices.This authorisation, announced by the US Treasury on Friday, permits the delivery and sale of Iranian crude oil and petroleum products loaded before 20 March, with the waiver extending until 19 April. It represents
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