US temporarily eases oil embargo on Iran
-
Media Baaji
- Tue, 23 June 2026
Kathmandu. An important diplomatic turn has been seen in the decades-long strained relationship between the US and Iran. The United States has decided to temporarily suspend the tough economic sanctions it is imposing on Iran in ongoing talks mediated by Qatar and Pakistan at the Burgenstock resort in Switzerland. With this decision, Iran will be able to sell its crude oil in dollars in the international market for the next two months.
With this temporary exemption, Iran will be able to sell oil in dollars in the international market with American companies for at least the next two months. Earlier, due to sanctions, Iran was forced to sell its oil through shadow networks and mainly to China. Iran's crude oil warehouses were full when the navy was deployed and blockaded in the Hormuz waterway, but now it has been agreed that the movement of ships carrying oil and natural gas in the waterway will be restricted.
Express
Related News
Russia declares 'no deadline' for ending Ukraine war
Kathmandu. Foreign Minister Sergei Lavrov told Russian state media on Thursday that Moscow is in no hurry to reach an agreement to end the war in Ukraine. Negotiators from both countries arrived in Geneva on Thursday as part of the negotiation pro...
Iran drone strike on Dubai's huge oil storage facility
Iran. Iran launched a drone attack on the Fujairah port of the United Arab Emirates on Saturday. This attack took place after the US attacked the Kharg Island in Iran. UAE officials say efforts to put out the fire in Fujairah are continuing. Accor...
The US expelled two Iranian diplomats who stayed after the General Assembly
Kathmandu. The United States has expelled two Iranian diplomats from the United States who ignored the order to leave the country despite participating in the United Nations General Assembly. According to the US State Department, both members of t...
Deported 35 Nepalis from America came home
Kathmandu. The United States has deported 35 more Nepalis. They arrived in Kathmandu on Wednesday through an American chartered plane. The Immigration Office has sent 35 Nepalis who arrived in Kathmandu to the Human Tr...
Germany to send troops to strengthen Polish border
Kathmandu. Germany has decided to send a group of its troops to Poland to strengthen Poland's eastern border with Belarus and the Russian territory of Kaliningrad. Poland, a strong supporter of Ukraine in the fight aga...
Zelensky calls for more pressure on Russia
Kathmandu. Ukrainian President Volodymyr Zelensky has called on the US to put more pressure on Russia to end the war. However, it is not yet clear whether Moscow will participate in the US-mediated peace talks next week.
President Zelensky h...