US lifts some sanctions on Iranian oil to ease supply crunch amid war

US lifts some sanctions on Iranian oil to ease supply crunch amid war

Malay Mail Online - Money·2026-03-22 15:00

WASHINGTON, March 21 — The US Treasury yesterday temporarily lifted sanctions on Iranian oil already loaded onto vessels, in Washington’s latest step to stem a supply crisis over the Middle East war.

The authorization allows for the delivery and sale of Iranian crude oil and other petroleum products loaded onto ships before March 20, and will last through April 19, the Treasury said in a statement.

……

Read full article on Malay Mail Online - Money

Other