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US Issues 60-Day Sanctions Waiver for Iranian Oil

Treasury Secretary Scott Bessent announced that Washington has issued a 60-Day waiver for sanctions on Iranian oil. “In line with the ongoing productive talks in Switzerland, Iran has committed to free and open transit in the Strait of Hormuz and to permit International Atomic Energy Agency (IAEA) inspectors into their country,” he wrote on X. […]
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Mar 22, 2026 / Tyler Durden
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Despite German State Stimulus: Machinery Industry Braces For A Catastrophic Year
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