US issues Iran-related general licence for oil sales
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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