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US lifts sanctions on Iranian oil at sea in bid to ease supply pressures

US lifts sanctions on Iranian oil at sea in bid to ease supply pressures

21.03.2026 02:04 | The Guardian World

Treasury secretary Scott Bessent says move will bring 140m barrels to market but insists Tehran will not benefitThe Trump administration has issued a 30-day sanctions waiver for the purchase of Iranian oil at sea to ease energy supply pressures since the start of the US-Israeli war on Iran, US treasury secretary Scott Bessent said.It is the third time the US has temporarily waived sanctions in about two weeks. Continue reading...

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