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The Nexus
WORLDJun 22 · 14:02 UTCMIDDLE EAST EYEAlex MacDonald

US suspending sanctions on Iranian oil until 21 August

The US government is suspending sanctions on Iran's production, delivery, and sale of crude oil, petrochemical products, and petroleum products until 21 August 2026. The Treasury Department's waiver also permits US imports of Iranian-origin petrochemical and petroleum products for domestic use.

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