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DD India

June 23, 2026 12:34 PM

US Eases Iran Sanctions to Allow Oil Sales Amid Peace Talks

The United States has temporarily lifted major sanctions on Iran, authorizing the production, delivery and sale of Iranian-origin crude oil, petroleum and petrochemical products. The 60-day general license issued by the U.S. Treasury Department remai...

June 23, 2026 11:26 AM

Rubio faces tough task of selling Iran reset to wary Gulf allies

U.S. Secretary of State Marco Rubio faces a delicate mission this week pitching Washington's Iran peace deal to Gulf Arab leaders who fear excessive concessions will strengthen Tehran and reshape the region's security balance and oil flows. Rubio wi...

June 19, 2026 9:14 AM

Oil falls as supply starts moving through Strait of Hormuz

Oil prices fell on Friday on the prospect of more supply returning to the market after oil tankers began to move through the ​Strait of Hormuz following the signing of the U.S.-Iran interim peace deal. Brent ‌crude futures fell 54 cents, or 0.68...

Last updated on: 22nd August 2026

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