U.S. Treasury issues 60-day license for Iran to sell oil

The U.S. Treasury Department on Monday issued a 60-day license allowing Iran to export and sell its oil, fulfilling one of the provisions in the memorandum of understanding signed between Washington and Tehran.
U.S. Treasury issues 60-day license for Iran to sell oil

U.S. Treasury issues 60-day license for Iran to sell oil The U.S. Treasury Department has issued a 60-day license enabling Iran to export and sell its oil. This action is in accordance with a memorandum of understanding previously signed by Washington and Tehran. The license allows for the sale of Iranian oil for a defined period.

  • U.S. Treasury Department issued a 60-day license for Iran.
  • The license permits Iran to export and sell its oil.
  • This is a provision of a memorandum of understanding between Washington and Tehran.
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