The US Treasury Department says the US has issued a general license for Iran.
According to US media, the US Treasury Department said that the license allows the production and shipment of Iranian crude oil and petrochemical products.
The US Treasury Department says the license will allow the shipment and sale of crude oil to Iran until August 21, 2026.
According to the report, the license will also allow the import of Iranian crude oil, petrochemicals, and petroleum products into the United States, but the shipment of Iranian oil to North Korea, Cuba, and Ukraine will not be allowed