{"id":13451,"date":"2026-04-30T13:03:08","date_gmt":"2026-04-30T09:33:08","guid":{"rendered":"https:\/\/fajr.news\/?p=13451"},"modified":"2026-04-30T13:03:08","modified_gmt":"2026-04-30T09:33:08","slug":"us-tightens-sanctions-no-extension-for-iranian-oil-waivers-amidst-market-turmoil","status":"publish","type":"post","link":"https:\/\/fajr.news\/?p=13451&lang=en","title":{"rendered":"US Tightens Sanctions: No Extension for Iranian Oil Waivers Amidst Market Turmoil"},"content":{"rendered":"
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US Tightens Sanctions: No Extension for Iranian Oil Waivers Amidst Market Turmoil<\/h1>\n

Washington D.C.<\/strong> \u2013 In a move set to further intensify pressure on Tehran, US Treasury Secretary Scott Bessent has confirmed that Washington will not renew a critical waiver that previously allowed the purchase of Iranian oil and petroleum products. This decision follows the expiration of the initial waiver five days ago, leaving Iranian oil shipments currently at sea in a precarious position.<\/p>\n

Speaking to The Associated Press on April 24, Bessent articulated the administration’s firm stance. “Not the Iranians,”<\/em> he stated, emphasizing the ongoing blockade. “We have the blockade, and there\u2019s no oil coming out.”<\/em> He further predicted severe repercussions for Iran’s energy infrastructure, asserting, “And we think in the next two, three days, they\u2019re going to have to start shuttering production, which will be very bad for their wells.”<\/em><\/p>\n

Policy Shift Amidst Global Energy Volatility<\/h2>\n

This announcement effectively quashes earlier speculation about a possible extension for Iranian products, a notion that gained traction after the US recently renewed a similar waiver for Russian petroleum products already in transit. It is noteworthy that the Russian waiver’s renewal came just two days after Bessent had publicly indicated no such plans.<\/p>\n

Adding to the tightening of US sanctions, Bessent also confirmed that the waiver pertaining to Russian oil sales and purchases would not be renewed again, signaling a broader strategic shift in Washington’s approach to global energy markets.<\/p>\n

Escalating Tensions and Market Disruption<\/h3>\n

The original waiver for Russian products, implemented in March, was initially intended to stabilize global energy markets. These markets have been in a state of flux following a series of destabilizing events, including US-Israeli air strikes on Iran and Tehran’s subsequent retaliatory actions against Gulf Arab states.<\/p>\n

The situation was further exacerbated when oil prices surged dramatically after Iran moved to block the Strait of Hormuz. This critical maritime chokepoint, which historically facilitated the transit of approximately 20 percent of the world’s oil and natural gas supplies, became a focal point of the escalating regional tensions.<\/p>\n

#USSanctions #IranOil #OilMarket #Geopolitics #StraitOfHormuz #EnergySecurity #TreasuryDepartment #ScottBessent #MiddleEastTensions #GlobalEnergy<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

US Tightens Sanctions: No Extension for Iranian Oil Waivers Amidst Market Turmoil Washington D.C. \u2013 In a move set to further intensify pressure on Tehran, US Treasury Secretary Scott Bessent has confirmed that Washington will not renew a critical waiver that previously allowed the purchase of Iranian oil and petroleum products. This decision follows the […]<\/p>\n","protected":false},"author":2,"featured_media":13452,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":["post-13451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iran-news"],"_links":{"self":[{"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/posts\/13451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/fajr.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13451"}],"version-history":[{"count":0,"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/posts\/13451\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fajr.news\/index.php?rest_route=\/wp\/v2\/media\/13452"}],"wp:attachment":[{"href":"https:\/\/fajr.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fajr.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fajr.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}