Investing
US Dollar Ban Strands 60 Million Barrels of Iranian Crude
The US Treasury has revoked its waiver for Iranian oil sales, blocking transactions in US dollars after Gulf tanker strikes. This action...
#iranian oil 3 articles
Investing
US Halts Dollar Sales for Iranian Oil
The US Treasury Department has stopped allowing Iranian oil sales in US dollars, stranding over 60 million barrels after Gulf strikes. This...
World Business
US Sanctions China Refinery, 40 Shippers Over Iranian Oil
The Trump administration has sanctioned a major China-based oil refinery, Hengli Petrochemical, and 40 shipping companies for transporting Iranian crude, escalating economic...