Treasury Secretary Scott Bessent said removing sanctions on Iranian oil would lower global prices.
U.S. Encourages Flow of Iranian Oil While It Battles Iran
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Bessent, Scott, Economic Conditions and Trends, Embargoes and Sanctions, International Trade and World Market, Iran, Oil (Petroleum) and Gasoline, Prices (Fares, Fees and Rates), Strait of Hormuz, Treasury Department, Trump, Donald J, United States International Relations, United States Politics and Government, US and Israeli Attack on Iran (2026)