Trump extends oil and fertilizer shipping waiver 90 days
A White House official said Trump will extend a shipping waiver for oil and fertilizer for 90 days. The IEA says the oil market is returning to surplus for the first time since the Iran war began.
Confirmed
- A White House official said Trump will extend the oil and fertilizer shipping waiver by 90 days
- The IEA says supplies now exceed demand for the first time since the Iran war began
Not yet known
- Whether the IRGC struck a US radar installation in Bahrain; the Pentagon denies it
- Whether the 90-day waiver extension will take effect as described
What we know
A White House official said the president will extend the waiver for 90 days. The IEA says supplies now exceed demand for the first time since the war on Iran began. The IRGC claims it struck a US radar installation in Bahrain, which the Pentagon denies.
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“TRUMP TO EXTEND SHIPPING WAIVER FOR OIL, FERTILIZER FOR 90 DAYS”
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