From the Liveblog of
Tuesday, April 14, 2026
US Treasury says not renewing temporary easing of sanctions on Iran oil
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The US Treasury Department says it does not plan to renew a temporary easing of sanctions on Iranian oil that aimed to ease war-related supply shocks.
“The short-term authorization permitting the sale of Iranian oil already stranded at sea is set to expire in a few days and will not be renewed,” the Treasury Department says in a statement.
It adds that it is “maintaining maximum pressure” on Tehran.
The initial authorization allowed for the delivery and sale of Iranian crude and other petroleum products loaded onto ships before March 20, and was to last through April 19.
The step was part of a series of measures launched by the Trump administration to quell skyrocketing energy prices following the start of the war on February 28, including a similar easing of sanctions on Russian oil at sea.
The Times of Israel Community.