US Treasury Issues 60-Day Sanctions Waiver on Iranian Oil

🛢️ SANCTIONS — Washington unlocks Iranian oil while Hormuz is still closed. 📌 LOOK CLOSER: A Treasury license is irreversible bureaucratic action — harder to walk back than a tweet. But Iran re-closed Hormuz yesterday, meaning the oil this waiver frees can't physically reach buyers. Tehran gets the sanctions relief sequencing it demanded; Washington gets nothing operational in return yet. Watch whether Araghchi uses this to return to the table or pocket it as leverage.