The National · 22 Jun 2026
US issues Iran-related general licence for oil sales
The US on Monday issued a general licence for Iran, which authorises the production, delivery and sale of crude oil as well as petrochemical and petroleum products of Iranian origin until August 21. The licence will also enable the import of Iranian oil products to the US when necessary for sa
AI Translated Summary:
The US has granted a general license allowing the production and sale of Iranian oil and petrochemical products until August 21. This move may impact regional oil markets and geopolitical dynamics involving Iran and its neighbors.
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