US Eases Iran Oil Sanctions Under Temporary 60-Day License

Iranian oil option returns for Pakistan

KARACHI: Pakistan could once again tap Iranian crude oil supplies following a temporary easing of US sanctions on Tehran, reopening the possibility of sourcing discounted crude and refining it locally to produce higher-value petroleum products. While industry experts say local refineries are technically capable of processing Iranian crude, commercial and operational challenges remain, particularly due to the high furnace oil yield and the absenc…

Asia treads cautiously on Iranian oil exports despite US sanctions waiver

Some regional economies are assessing the possibility of the US and Iran resuming hostilities before committing to buy Iranian oil.

US eases Iran oil sanctions under temporary 60-day license

The United States has temporarily authorized the sale of Iranian oil and petroleum products, easing decades-old sanctions as Washington seeks a final peace agreement with Tehran

CLG: U.S. lifts sanctions on Iranian oil

National and international media news & headlines compiled by CLG U.S. lifts sanctions on Iranian oil | 22 June 2026 | The U.S. has issued a temporary sanctions waiver for Iran’s oil sector, authorizing the production, sale, delivery, and import of Iranian crude oil and petrochemicals, the Treasury Department has said. The announcement comes as negotiations between Washington and Tehran continue following the first round of talks in Switzerland …

China state refiners consider resuming Iranian oil imports after US waiver

China's potential resumption of Iranian oil imports could reshape global oil dynamics, impacting geopolitical alliances and market stability. The post China state refiners consider resuming Iranian oil imports after US waiver appeared first on Crypto Briefing.

China state refiners considering resuming Iran oil imports, sources say, China News

SINGAPORE — China's state-owned refiners are considering resuming Iranian oil purchases, but competing alternative supplies and falling domestic fuel demand will temper their interest, said several industry sources.Any purchases would be the first since 2019 when Sinopec and PetroChina bought Iranian crude shortly after US President Donald Trump reimposed sanctions on Tehran's petroleum exports in his first term.PetroChina and Sinopec...