US Oil sanctions reinstated to maintain 'maximum pressure' on Iran - Treasury
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More now on the US Treasury's decision not to renew its lifting of sanctions on select Iranian oil. The move was done to maintain "maximum pressure" on Iran, the department says on social media. It adds in a post on X that the department is prepared to deploy secondary sanctions against foreign financial institutions that "continue to support Iran's activities". Treasury Secretary Scott Bessent said last month the permit was applicable to the sale of crude oil and petroleum p
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