Bessent eases oil sanctions on Iran and allows sale in US

Source: Washington Examiner · Bias: Center Right

Summary

Treasury Secretary Scott Bessent eased U.S. oil sanctions on Iran, even going so far as to allow the sale of some products in the United States. Global oil supply has been strangled due to Iran’s blockade of the Strait of Hormuz, sending oil prices skyrocketing. In another effort to increase supply and lower prices, the […]

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Bessent eases oil sanctions on Iran and allows sale in US
Washington Examiner

Bessent eases oil sanctions on Iran and allows sale in US

Center Right

Treasury Secretary Scott Bessent eased U.S. oil sanctions on Iran, even going so far as to allow the sale of some products in the United States. Global oil supply has been strangled due to Iran’s blockade of the Strait of Hormuz, sending oil prices skyrocketing. In another effort to increase supply and lower prices, the […]