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Prezzi
macroJun 16, 2026, 3:51 PM

Sanctions Waivers on Oil Sales to Take Effect Immediately Upon Agreement Signing

According to WSJ, a provision for waivers of sanctions on oil sales will take effect immediately upon the signing of an agreement this week. The waivers also cover necessary services such as banking, transportation, and insurance to facilitate the sales.

A provision for waivers of sanctions on oil sales is set to take effect immediately upon the signing of an agreement this week, according to people familiar with the matter as reported by the Wall Street Journal.

The waivers will also extend to cover essential services including banking, transportation, and insurance, which are necessary to facilitate the oil sales.

Source: First Squawk