Latest Iranian-origin crude oil News & Updates

Washington, June 22 (IANS) The United States on Monday eased restrictions on Iranian oil exports through August, hours after Vice President J D Vance said negotiators had made “great progress” in Switzerland and as talks with Tehran continued on nuclear issues, maritime security and the future of the Strait of Hormuz. The Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued Iran General License X, authorising the production, delivery and sale of Iranian-origin crude oil, p…