US Treasury Allows Sale of Some Iranian Oil Stranded on Vessels

Source: Bloomberg Politics · Bias: Center

Summary

The US Department of Treasury issued a general license allowing the sale of Iranian oil and petrochemical products loaded onto vessels on or before 12:01 am New York time Friday, marking the Trump administration’s latest effort to counter rising oil prices due to the Iran war.

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US Treasury Allows Sale of Some Iranian Oil Stranded on Vessels
Bloomberg Politics

US Treasury Allows Sale of Some Iranian Oil Stranded on Vessels

Center

The US Department of Treasury issued a general license allowing the sale of Iranian oil and petrochemical products loaded onto vessels on or before 12:01 am New York time Friday, marking the Trump administration’s latest effort to counter rising oil prices due to the Iran war.