Tehran, 21/3: The United States on Friday announced a temporary lifting of sanction on Iranian oil stranded at sea in a bid to keep check over the soaring crude oil prices globally.
Treasury Secretary Scott Bessent took to X and said that the step would free 140 million barrels of Iranian oil to global markets. “This temporary, short-term authorisation is strictly limited to oil that is already in transit and does not allow newpurchases or production,” Bessent said in a long post on X.
