The United States will not extend the authorization for the sale of Iranian oil

The United States will not extend the current authorization for the sale of Iranian oil after April 19.

This is stated in a release by the U.S. Department of the Treasury.

“The temporary authorization for the sale of Iranian oil that was already at sea will expire in a few days and will not be extended,” the statement published on X said.

The expiration of this exemption, introduced in March, comes amid a blockade of Iranian ports in the Strait of Hormuz carried out by U.S. armed forces.

In addition, the U.S. Treasury issued a warning to financial institutions assisting the Iranian side.

“Financial institutions should be aware that the Department will use the full range of available tools and authorities and is prepared to impose secondary sanctions on foreign financial institutions that continue to facilitate Iran’s activities,” the statement emphasized.

It should be recalled that the authorization for oil sales was issued by the U.S. Treasury on March 21.

On February 28, the United States and Israel launched military operations against Iran, carrying out airstrikes on several cities. On the same day, Iran’s Supreme Leader Ali Khamenei was killed as a result of the strikes.

In response, Iran launched missile strikes on Israeli territory and attacked U.S. military bases in the Gulf countries.

Iran, the United States, and their allies reached a two week ceasefire agreement on the night of April 8, 2026.

On April 11 to 12, talks between Iran and the United States were held in Islamabad with Pakistan acting as mediator.

Earlier, U.S. President Donald Trump announced that on April 13 at 10:00 a.m. Eastern Daylight Time (18:00 Baku time), the United States began blocking Iranian ports in the Strait of Hormuz.