US authorizes temporary delivery, sale of oil originating from Iran

FILE PHOTO: 3D-printed oil pump jacks, Iranian flag, and a rising stock graph appear in this illustration taken March 2, 2026. REUTERS/Dado Ruvic/Illustration/File Photo

WASHINGTON, ⁠March ⁠20 (Reuters) - The United ‌States on Friday ​gave a ⁠30-day authorization ⁠for the ⁠delivery and ‌sale ⁠of crude ​oil ‌and petroleum ⁠products ​of Iranian-origin ⁠loaded vessels, ​according to the U.S. ⁠Treasury Department.

(Reporting by Ismail ​Shakil ⁠and ​Jasper ‌Ward; Editing ​by Chris Reese)