US will not renew 30-day waiver on Iranian oil

The US will not renew a 30-day waiver allowing Iranian oil shipments at sea, which expires this week, and will let a parallel waiver for Russian oil expire over the weekend, according to two administration officials cited by Reuters. The move accompanies a broader blockade on Iranian port shipments. source http://www.adaderana.lk/news.php?nid=121264