CryptoUS official denies Iranian claim of lifted oil sanctions...

US official denies Iranian claim of lifted oil sanctions amid talks

-


A US official has flatly rejected claims from Iranian state media that Washington agreed to temporarily waive sanctions on Iran’s oil exports. The word used was unambiguous: “false.”

The denial landed quickly after Iranian outlets floated the idea that some kind of sanctions relief was on the table as part of ongoing negotiations between the two countries. It wasn’t. Or at least, that’s the official US position, and it came with a pointed reminder that any easing of sanctions would require reciprocal actions from Tehran.

What Iran claimed, and what Washington actually said

Iranian state media published reports suggesting the US had agreed to a temporary waiver on oil export sanctions. The US response was swift and direct. A US official stated that the claims were false and that no sanctions relief had been granted. The official emphasized that any future relief would be conditional on Iran taking reciprocal steps.

The US reimposed oil sanctions on Iran in 2018, and those measures have significantly reduced Iran’s crude exports since then.

Market sensitivity and enforcement reality

The brief window between Iran’s claim and the US denial was enough to stir movement in oil markets. Crude prices and risk-sensitive assets reacted to the initial reports before settling back after the denial.

Recent US enforcement actions have included targeting individuals accused of blending Iraqi and Iranian oil to circumvent sanctions. The US has also gone after Iraqi officials allegedly facilitating these schemes, signaling that Washington is not only maintaining its sanctions regime but actively expanding the scope of its crackdown on evasion networks.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Bitwise HYPE ETF pledges 10% fees to buybacks

Bitwise will devote 10% of its...

Elon Musk Loses Landmark Lawsuit Against OpenAI

Elon Musk suffered the worst defeat possible in his legal battle against OpenAI as a federal jury and...

Mike Novogratz’s Galaxy Lands Bitlicense to Serve New York Hedge Funds and RIAs

Key TakeawaysGalaxy Digital received a Bitlicense from NYDFS on May 18, 2026, unlocking New York’s institutional market.Galaxyone Prime...

OSHA probing worker death at SpaceX’s Starbase site

A worker died at SpaceX’s Starbase launch site in South Texas on Friday, and the Occupational Health and...

Advertisement

Bitcoin News Today: BTC ATM Giant Goes Bankrupt

In Bitcoin news today, Bitcoin Depot, once the largest BTC ATM operator in North America with 9,276 kiosks...

Apple’s Siri Revamp May Add Auto-Deleting Chats

Apple’s reported Siri revamp may add auto-deleting AI chats as the company prepares a privacy-focused software push at...

Must read

Elon Musk Loses Landmark Lawsuit Against OpenAI

Elon Musk suffered the worst defeat possible in...

You might also likeRELATED
Recommended to you