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Treasury Department issues temporary license for Iranian oil sales
politics

Treasury Department issues temporary license for Iranian oil sales

The Hill · Jun 22, 2026, 2:07 PM · Also reported by 1 other source

Why this matters: political developments that affect policy direction and public trust.

The Treasury Department on Monday move to temporarily allow the sale of Iranian oil, issuing a 60 day “general license” that lifts restrictions normally in place on the commodity. “In line with the ongoing productive talks in Switzerland, Iran has committed to free and open transit in the Strait of

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