US allows 30-day sale of Iranian oil on loaded vessels

The US Treasury Department issued a 30-day authorization on Friday for the sale of Iranian oil and petroleum products. This applies to loaded vessels.

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The United States government has issued a temporary 30-day authorization for the delivery and sale of crude oil and petroleum products originating from Iran. According to a notice from the U.S. Treasury Department released on Friday, this waiver applies specifically to vessels that have already been loaded with these Iranian-origin commodities.

An illustration from March 2, 2026, featuring 3D-printed oil pump jacks, the Iranian flag, and a stock market graph showing an upward trend. REUTERS/Dado Ruvic/Illustration/File Photo
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