Trump Surrenders, US Lifts Sanctions on Iranian Oil Exports

JNN 23rd June 2026 : The US has issued a temporary sanctions waiver for Iran’s oil sector, authorizing the production, sale, delivery, and import of Iranian crude oil and petrochemicals, the Treasury Department has said.

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Gulf Countries to Loose US$275 Billion , under Heavy Financial Constraints

Gulf States to Loose $275 Billion in Oil ExportsJNN 11 Nov 2015 Dubai : The crude exporting countries of the Gulf Cooperation Council (GCC) are expected to lose $275 billion in revenue this year due to falling oil prices, according to the Falling International Monetary Fund (IMF) chief Christine Lagarde. Continue reading