According to Iran’s Tasnim News Agency, Iran proposed on May 10 that the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) lift sanctions related to Iranian oil sales within 30 days, citing informed sources.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Modi Urges Indians to Conserve Fuel, Work From Home, and Limit Travel to Protect Foreign Exchange Reserves
On Sunday, May 4, Indian Prime Minister Narendra Modi urged citizens to adopt conservation measures including reducing fuel consumption, working from home, limiting travel, and restricting imports, citing pressure on the country's foreign exchange reserves from surging global energy prices. Modi
GateNews23m ago
U.S. April CPI Expected to Rise 0.6% as Gasoline Prices Spike Over 50% Since February
According to 10data, U.S. April CPI is expected to rise 0.6% month-over-month on Tuesday, May 12, with gasoline prices surging over 50% since late February to above $4.50 per gallon, pushing up prices for airfare and other services. Core CPI, which excludes food and energy, is also accelerating
GateNews1h ago
Shanghai Gold Futures Fall 0.21%, Silver Rises 0.09%, Crude Oil Up 0.58% at Close
According to Golden Ten Data, Shanghai gold futures fell 0.21% to 1,037 yuan/gram, Shanghai silver futures rose 0.09% to 19,864 yuan/kilogram, and SC crude oil futures climbed 0.58% to 626 yuan/barrel at the close on
GateNews3h ago
ECB Remains 'Highly Vigilant' on Inflation Risks Amid Iran Conflict, Says Negrel on Friday
According to ECB Governing Council member Negrel on Friday, the European Central Bank is "highly vigilant" regarding rising inflation risks due to the Iran war and will take action as needed to prevent energy cost increases from spreading more broadly to prices. Negrel emphasized that while the
GateNews4h ago
Fed's Goolsbee Assesses Whether Energy Shocks Will Persist
Federal Reserve official Austan Goolsbee is attempting to determine whether energy shocks will continue, according to recent comments.
GateNews7h ago
U.S. Energy Secretary Open to Suspending Federal Fuel Tax as Gas Prices Hit $4.52 per Gallon
According to NBC News, U.S. Energy Secretary Wright said on May 10 the Trump administration is open to all ideas, including suspending federal fuel taxes, to lower gas prices. The national average gas price has surged to $4.52 per gallon on Sunday, up more than 50% since the Iran conflict began,
GateNews7h ago