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riversedge

(82,288 posts) Mon Jun 22, 2026, 11:48 AM Jun 22

NEWS: Trump has issued a 60-day waiver suspending U.S. sanctions on Iranian crude oil, petroleum, and [View all]

I can't find any articles at the moment about this.

MeidasTouch @MeidasTouch
·
30m
NEWS: The Trump administration has issued a 60-day waiver suspending U.S. sanctions on Iranian crude oil, petroleum, and petrochemical products, allowing Iran to sell its oil on the global market—including to the United States—through August 21, 2026.

The Treasury Department's new OFAC General License X also authorizes related banking, insurance, shipping, and other transactions necessary to facilitate those sales, while excluding transactions involving Cuba, North Korea, and the Russian-occupied regions of Ukraine.

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12 replies

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Highlight:

NEWS: Trump has issued a 60-day waiver suspending U.S. sanctions on Iranian crude oil, petroleum, and [View all] riversedge Jun 22 OP

AP: US Treasury issues a 60-day license waiving sanctions on Iranian oil as part of interim agreement to end Iran war dalton99a Jun 22 #1

Will they take algae in trade? underpants Jun 22 #2

He's hoping that will get him thru the election cycle... kentuck Jun 22 #3

60 days. What does that translate to in Trump Commitment time? About 5 hours or so until he changes his mind? Midnight Writer Jun 22 #4

Iran is playing this administration...... Lovie777 Jun 22 #5

Buy the dip on crude bucolic_frolic Jun 22 #6

check it out SamuelTheThird Jun 22 #7

I really doubt both statements. Oil can absolutely Melon Jun 22 #8

Countries rebuild their reserves because Trump policy can change with one tweet bucolic_frolic Jun 22 #9

Indeed, I think many (if not most) of the frackers go out of business with oil @ 50/barrel for a prolonged period AZJonnie Jun 22 #11

I never said $50....but what exactly prevents a $60? Melon Jun 22 #12

"Blood For Oil, the Sequel." An Eastern Hollywood Production, 1600 Pennzoil Ave, Washington DC 08647 RedWhiteBlueIsRacist Jun 22 #10