U.S. Treasury temporarily lifts Iranian oil sanctions for peace talks.

AI-generated NewsSnap summary based on source reporting.
Published: 2026-06-22
Category: us
Source: AP News
Original source

The U.S. Treasury has issued a 60-day waiver on sanctions for Iranian oil, allowing its production and sale. This move is part of an interim agreement aimed at ending the conflict with Iran, following recent diplomatic discussions between U.S. and Iranian officials. The Vice President indicated these talks established a positive foundation for a final deal.

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