Source: Reuters (via feed)
The United States on Friday authorized a 30-day delivery and sale of crude oil and petroleum products of Iranian origin. The authorization applies to vessels loaded with Iranian-origin oil. This directive was issued by the U.S. Treasury Department. The period allowed for delivery and sale is 30 days. The authorization permits the handling of petroleum products from vessels loaded with the oil. Further details about this authorization were not provided.
BizTrendWire Insight:
The U.S. Treasury Department’s authorization allows a limited period for handling Iranian-origin oil deliveries and sales.
The U.S. Treasury Department’s authorization allows a limited period for handling Iranian-origin oil deliveries and sales.
