U.S. Temporarily Lifts Sanctions on Iranian Oil

In a sharp reversal of American policy, the Treasury announced a 60-day reprieve, permitting the sale of Iranian crude as part of the preliminary U.S.-Iran deal toward ending the war.In a sharp reversal of American policy, the Treasury announced a 60-day reprieve, permitting the sale of Iranian crude as part of the preliminary U.S.-Iran deal toward ending the war.