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Iran Moves to Tap Key Asian Markets as U.S. Waives Oil Sanctions

Iran is pitching its oil to Asian buyers outside China, contacting India, South Korea, and Japan, as the United States issued a temporary…

Source OilPrice AI Summary Updated 3h 06m ago

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Iran is pitching its oil to Asian buyers outside China, contacting India, South Korea, and Japan, as the United States issued a temporary two-month waiver allowing Iranian oil sales, including in U.S. dollars, until August 21. As part of the 14-point memorandum of understanding with Iran, the United States on Sunday authorized the production, delivery, and…

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