U.S. authorizes Iranian oil sales for 60 days

June 22, 2026
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    U.S. authorizes Iranian oil sales for 60 days

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NBC News NOW

U.S. crude prices fell 2.7% to about $74 per barrel after Treasury Secretary Scott Bessent announced a 60-day waiver of sanctions on the purchase of Iranian oil. NBC News’ Brian Cheung reports on the oil market’s reaction to the temporary sale of Iranian oil.  

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