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Bessent says US may lift sanctions on Iranian oil stuck at sea

by LJ News Opinions
March 20, 2026
in Business
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Treasury Secretary Scott Bessent said early Thursday that the U.S. may lift sanctions on Iranian oil that is already in transit amid rising energy prices resulting from the ongoing U.S. military operation in the Middle East. Bessent told Fox Business’s Maria Bartiromo that about 140 million barrels of oil would be freed up by this…

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