Categories: Business

US eases sanctions on Iranian oil exports as talks move towards final peace agreement

In a significant development, the US has greenlit the production, delivery, and sale of Iranian oil for a 60-day period. This move, tied to ongoing peace talks, allows for crucial transit in the Strait of Hormuz and IAEA inspections. The temporary waiver, effective until August 21, also permits imports into the US under specific conditions, impacting global energy markets.

The News Vista

Share
Published by
The News Vista

Recent Posts

Awarapan 2 Vs Batwara 1947 advance box office: Emraan’s film leads, collects Rs 2.05 cr

Emraan Hashmi's 'Awarapan 2' takes the lead in advance bookings, raking in Rs 2.05 crore,…

1 hour ago

N Chandrasekaran steps down: How power struggle at Tata group is deepening with exit of Ratan Tata’s key allies

The battle for influence within the Tata Group after the death of former chairman Ratan…

1 hour ago

Assam floods: Toll rises to 103; 87,000 remain affected in four districts

Around 86,800 people are still affected by the floods in Golaghat, Jorhat, Nagaon and Sivasagar.…

2 hours ago

Engineers turned dredged sediment into four new Columbia River islands

In an exciting environmental initiative, dredged sediment is being repurposed to form new islands aimed…

2 hours ago