US lifts sanctions on Iranian oil stranded at sea

by | Mar 21, 2026 | Politics

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The Trump administration lifted sanctions on Iranian oil stuck at sea on Friday evening as the conflict between the U.S. and Iran continues to hike up global energy costs. “Today, the Department of the Treasury is issuing a narrowly tailored, short-term authorization permitting the sale of Iranian oil currently stranded at sea,” Treasury Secretary Scott…

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Written by Albert Pham, News Curator and Blogger

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