U.S. Issues 60-Day License for Iranian Oil Sales Through August 21
The Trump administration granted Iran temporary authorization to sell energy exports through August 21, Treasury Secretary Bessent said Monday, following what he described as productive U.S.-Iran talks that could lead to broader sanctions relief.
The Trump administration issued a temporary license allowing Iran to sell energy exports through August 21, Treasury Secretary Bessent announced Monday. The 60-day authorization follows what Bessent described as productive talks between the United States and Iran, opening the possibility of eventually ending broader sanctions programs as part of a negotiated peace agreement.
The license applies to Iranian energy exports and runs through August 21, creating a defined window during which previously restricted Iranian crude and petroleum products can reach global markets. Bessent characterized the move as part of ongoing diplomatic engagement, though no comprehensive sanctions-lifting framework has been finalized. The authorization marks the first formal easing of U.S. energy sanctions on Iran under the current administration.
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