Middle East war: US allows temporary sale of Iranian oil to stabilise global markets, says US Treasury Secretary Scott Bessent

Middle East war: US allows temporary sale of Iranian oil to stabilise global markets, says US Treasury Secretary Scott Bessent

America is temporarily allowing the sale of Iranian oil stuck at sea. This move aims to stabilize global energy markets amid rising tensions. The US Treasury Secretary stated this will bring about 140 million barrels of oil to the market. This action is part …

Washington DC: US Treasury Secretary Scott Bessent on Friday (global time) announced a temporary authorisation permitting the sale of Iranian oil currently stranded at sea, aimed at stabilising globa… [+3265 chars]

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Middle East war: US allows temporary sale of Iranian oil to stabilise global markets, says US Treasury Secretary Scott Bessent - FHMnews