US will not renew waiver on Iranian oil as it mounts pressure on Tehran, sources say

Apr 14, 2026 10:55 pm | JPost BizTech, Technology

A general view of the Treasury Building on day two of a partial government shutdown in Washington, DC, US, February 1, 2026. (photo credit: REUTERS/KEN CEDENO)
The waiver, which the Treasury Department issued on March 20, allowed some 140 million barrels of oil to reach global markets and helped relieve pressure on energy supply during the war with Iran.
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