markets / business
Por sesgo · 2 takes across the edition
CNBC · US · US issues 60-day Iran oil sanctions waiver
Reports the Treasury's 60-day exemption letting Iran produce and sell crude in US dollars through 21 August, framing it as a financial windfall for Tehran.
“A sweeping rollback allows dollar-denominated Iranian oil trade for the first time in over four decades.”
Bloomberg · US · Trump declines to renew USMCA, triggering a decade of annual reviews
Reports Trump will not reauthorise the pact, setting up months or years of negotiations over autos and other industries.
“Trump says US won't renew USMCA, setting up months of talks over autos.”