The Treasury Department temporarily waived sanctions on Iranian oil on Monday as part of the Trump administration’s deal with Tehran to end the war in the Middle East.

“In line with the ongoing productive talks in Switzerland, ​Iran has committed to free and open transit in the ⁠Strait ⁠of Hormuz and to ⁠permit ​International Atomic Energy Agency (IAEA) inspectors into their country,” Treasury Secretary Scott ​Bessent said in ⁠a post on X.

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https://www.washingtonexaminer.com/policy/energy-and-environment/4618697/treasury-department-waives-iran-oil-sanctions-step-forward-talks/

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