US temporarily lifts sanctions on Iranian oil at sea
The Trump administration has issued a temporary 30-day waiver allowing the sale and delivery of crude oil already loaded onto vessels, marking Washington's latest move to alleviate pressure from rising energy prices. While this authorization permits limited sales specifically for ships currently in transit or at sea under existing licenses, it does not lift broader sanctions on Iran nor provide Tehran with unrestricted access to revenue markets globally.
Developments
Perspectives
The US Treasury temporarily lifted sanctions on Iranian oil already loaded onto vessels as a latest step to stem the supply crisis caused by war in the Middle East, allowing for delivery and sale of crude.
— (Malaymail)US allows limited sales of Iranian oil that is at sea but maintains overall sanctions while limiting Tehran's access to revenue; this 30-day waiver aims to boost global supplies without fully ending restrictions on Iran under the Trump administration.
— (Indiatoday.in)