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Event Brief

Asia cautious on Iranian oil purchases after sanctions waiver

Asian economies are expected to exercise caution buying Iranian oil after a 60-day sanctions waiver took effect.
WHO: Asian economies
WHAT: Expected caution in buying oil from Iran following a 60-day sanctions waiver for Iranian oil exports
WHEN: Jun 25, 2026 at 10:44 AM ET
WHERE: Iran
WHY: A 60-day sanctions waiver for Iranian oil exports took effect, prompting compliance and financial risk weighing amid uncertainty over US-Iran relations.

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