US authorizes Iranian oil and echemical products sales

23 June 2026, 07:26

MNA

The US Treasury Department has issued ⁠a general ⁠license for Iran that authorizes the production, delivery, and sale of crude ⁠oil and petrochemical ⁠and petroleum products.

The United States authorized Iranian oil sales on Monday, easing decades-old sanctions as it ‌pushes toward a final peace deal with Tehran.

According to Reuters, the general license, announced by the Treasury Department, allows the sale of crude oil and petrochemical and petroleum products ​of Iranian origin through August 21.

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