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US Will Not Renew Waiver on Iranian Oil as it Mounts Pressure on Tehran, Sources Say

Oil tankers are seen in the Strait of Homuz, a major global shipping lane that has been effectively shut down by Iran.
Oil tankers are seen in the Strait of Homuz, a major global shipping lane that has been effectively shut down by Iran. (REUTERS)
TG
By
Timothy Gardner, Reuters
April 14, 2026 03:05 PM CDT