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U.S. Pauses Sanctions on Some Iranian Oil to Get More to Market

Treasury Secretary Scott Bessent estimated that the move would add about 140 million barrels of crude to the oil market.

Alan Rappeport
Author: Alan Rappeport

Written by

Alan Rappeport

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Bessent, Scott, Embargoes and Sanctions, Iran, Oil (Petroleum) and Gasoline, Ships and Shipping, Strait of Hormuz, Treasury Department, Trump, Donald J, United States, United States International Relations, US and Israeli Attack on Iran (2026), War and Armed Conflicts
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