U.S. issues two-month Iranian oil license
The U.S. Treasury Secretary announced that Washington has issued a temporary license for 60 days allowing the production, supply, and sale of Iranian oil. This move comes within the framework of an agreement between the United States and Iran to ease tensions. The license covers the export of crude oil and petrochemical products to the United States, excluding North Korea, Cuba, and Ukraine. Tehran also reaffirmed its commitment to freedom of navigation through the Strait of Hormuz and permitted the entry of nuclear energy inspectors.
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