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US Treasury says not renewing temporary easing of Iran oil sanctions

Middle East News

14-04-2026 | 15:26

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US Treasury says not renewing temporary easing of Iran oil sanctions

The U.S. Treasury Department said Tuesday it does not plan to renew a temporary easing of sanctions on some Iranian oil, set to expire in a matter of days.

"The short-term authorization permitting the sale of Iranian oil already stranded at sea is set to expire in a few days and will not be renewed," the Treasury Department said in a statement.

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