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Iran3d ago

US will not renew Iran, Russia oil waivers

US Treasury Secretary Scott Bessent says the US will not renew waivers allowing the purchase of Iranian and Russian oil in transit at sea.

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Saturday, 25 April 2026 at 04:34 UTC
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U.S. Treasury Secretary Scott Bessent has announced the United States does not plan to renew a waiver that allows the purchase of Iranian and Russian oil that is currently in transit at sea. This decision tightens the enforcement of existing sanctions and is part of the Trump administration's broader 'Economic Fury' pressure campaign against Iran. The move aims to further restrict Tehran's ability to generate revenue from oil exports.
e/eineurope · topic · T-06526