US sanctions waiver enables Iran oil sales to India, Meta appoints Indian startup founder to lead WhatsApp
The US Treasury issued a sanctions waiver allowing Iran to export oil and receive payments until August 21, 2026. Iran has contacted Indian refiners to sell its oil, with 68 million barrels of crude floating at sea. Meta appointed an Indian startup founder to lead WhatsApp.
Where Sources Diverge
DW mentions an Indian startup founder joining Meta's WhatsApp, while Times of India focuses on the economic implications of the sanctions waiver for India and Iran.
An Indian startup founder is going to head Meta's WhatsApp.
Iran rushes to sell oil to India after Trump sanctions waiver - all you need to know.
Timelines
Sources
Data from Vortexa, combined with Bloomberg calculations, show that around 68 million barrels of crude and condensate were floating at sea as of June 22. More than 80% of that volume does not appear to have a confirmed destination, potentially making it available for sale.
As part of a broader package designed to provide economic relief to Iran, the US Treasury announced a sanctions waiver valid until August 21. The exemption allows Tehran to export oil and related products and receive payments for those sales.
Iran has contacted Indian refiners to sell its oil after the US temporarily lifted sanctions on Tehran. Meanwhile, an Indian startup founder is going to head Meta's WhatsApp. Follow DW for more.