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Oil Sanctions Waiver
Articles and videos tagged “Oil Sanctions Waiver”.
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Market updateIran Market Pulse: Friday Morning, July 10, 2026
After the ceasefire collapsed completely, the US military bombed nearly 90 targets across five Iranian provinces over two straight days, and Iran's health ministry said at least 14 people were killed and 78 wounded; Iran struck US bases in Kuwait, Bahrain, Qatar and Jordan with drones and missiles. The free-market dollar neared the 182,000-toman mark, Brent held near $78, and the Tehran bourse is closed on Friday, July 10.
Market updateIran Market Pulse: Thursday Morning, July 9, 2026
Iran's free-market dollar broke through the 180,000-toman channel before dawn on Thursday, July 9, 2026 (18 Tir 1405), reaching 180,195 toman, after Trump declared the US-Iran ceasefire "over" and three tankers were attacked in the Strait of Hormuz. Tehran's TEDPIX fell 24,741 points on Wednesday, global gold slipped, and Brent jumped above $78.
Market updateIran Market Pulse: Wednesday Morning, July 8, 2026
Wednesday morning, 17 Tir 1405 (July 8, 2026): the US Treasury revoked Iran's dollar oil-sales license overnight, hours after an attack on three tankers in the Strait of Hormuz, and Brent crude climbed to about $76.18 by this morning. Tehran's TEDPIX rose 2.4% on Tuesday to 5,311,527 points, and refiners Shepna and Shabandar reacted to the oil jump today. The free-market dollar was trading around 175,300 tomans before the news broke.
NewsUS Revokes Iran Oil Sales Waiver; Brent Crude Tops $76 After Attacks on Three Tankers in Hormuz (Wednesday, July 8, 2026)
The US Treasury revoked Iran's dollar oil sales waiver (General License X) on Tuesday, July 7, 2026, hours after an attack on three tankers in the Strait of Hormuz, replacing it with a narrower "General License X1." No new sales are authorized, and in-process transactions have until July 17 to settle. Brent crude jumped to $76.04 a barrel in after-hours trading in response.
AnalysisUS 60-Day Oil Waiver for Iran: Up to $3.06 Billion in Possible FX Revenue Through August 21, 2026
The US Treasury's General License X, issued June 22, 2026, allows Iran to sell crude oil, petrochemical and petroleum products for US dollars, for the first time in over four decades, through August 21, 2026. Newsweek's analysis puts the potential revenue at up to $3.06 billion over the 60-day window.