Overview
- Effective through April 19, the authorization permits delivery and sale of Iranian crude and petroleum products already on vessels and does not allow new purchases or production.
- The license bars deliveries to Cuba, North Korea, and Russian‑occupied parts of Ukraine and permits imports into the United States when necessary to complete a sale.
- Energy Secretary Chris Wright said the released barrels could begin reaching Asian ports within three to four days.
- Iran’s Oil Ministry disputed the impact, claiming it has no surplus crude on the water for international buyers.
- The step follows a recent temporary easing on certain Russian shipments as Strait of Hormuz disruptions and attacks on energy infrastructure keep prices volatile.