WASHINGTON DC: The United States Treasury Department today issued a general license permitting the production, export, and sale of crude oil, and related petro- and petroleum products of Iranian origin.
Treasury Secretary Scott Bessent said the license will extend until August 21st. In his posting on X, Bessent commented that “in a step to make sure that, as we continue the productive talks in Switzerland leading toward a framework over the next 60 days, to achieve a final deal, Iran has committed to open passage through the Strait of Hormuz and permitting International Atomic Energy inspections.
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