The Trump administration will allow a 30-day waiver on Iranian oil shipments to expire on April 19, two officials said, ending a measure that enabled about 140 million barrels to reach global markets. The move coincides with a US blockade targeting shipments from Iranian ports. The waiver, issued March 20, had eased supply pressure during the conflict with Iran. Officials said Washington may apply secondary sanctions on buyers, warning that activity involving Tehran could trigger additional pena

The Trump administration will allow a 30-day waiver on Iranian oil shipments to expire on April 19, two officials said, ending a measure that enabled about 140 million barrels to reach global markets. The move coincides with a US blockade targeting shipments from Iranian ports. The waiver, issued March 20, had eased supply pressure during the conflict with Iran. Officials said Washington may apply secondary sanctions on buyers, warning that activity involving Tehran could trigger additional penalties.