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US to Let Iran Oil Sanctions Waiver Expire Amid Hormuz Blockade

The Trump administration will allow a waiver temporarily authorizing the purchase of certain Iranian crude oil to expire this weekend, according to a White House official.

This article was originally published by Bloomberg Markets and is republished here under license.

The Trump administration will allow a waiver temporarily authorizing the purchase of certain Iranian crude oil to expire this weekend, according to a White House official.

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