Vance ‘confident’ Treasury can waive Iran oil sanctions without Congress

AI Summary

Vice President Vance expressed confidence that the administration can waive sanctions on Iranian oil as part of a peace agreement without needing congressional approval. This involves navigating the Iran Nuclear Agreement Review Act, which mandates presidential discussions with Congress before lifting such sanctions.

Vice President Vance said Thursday the administration is “quite confident” that sanctions on Iranian oil can be waived as part of a new peace agreement without congressional approval. Vance was asked about the Iran Nuclear Agreement Review Act, a law that prevents the president from lifting sanctions on Iran before discussing it with Congress, as…