NO. 4



US Treasury Grants Waiver to Coastal Corp. to Import 2.6mn Barrels ofIraqi Crude

The US Treasury Department has granted a waiver allowing the US refinerCoastal Corp. to import 2.6mn barrels of Iraqi crude, currently stored at al-Mu'ajjizexport terminal in Saudi Arabia, into the US on the grounds that it wastransported by pipeline into Saudi Arabia before 2 August. A special license tothis effect was issued to Coastal by the Treasury Department on 10 October....