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Monday, June 22, 2026

Trump Waives Iran Oil Sanctions For Two Months

The New York Post reports that the Treasury Department has issued a waiver on Iranian oil sanctions effective through August 21, "allowing for roughly $10 billion in revenue as nuclear talks continued with Iranian officials in Switzerland."

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2 comments:

  1. John WilderJune 22, 2026 at 6:23 PM

    Hopefully Iran will let the oil out. Danger, Will Robinson!

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    1. DocentJune 22, 2026 at 6:27 PM

      Yes. I was just reading an article indicating that the U.S. only has four weeks of reserves left and it will take a few weeks until oil starts to arrive, assuming no further delays.

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