• crude oil
• energy markets
• gas prices
• Iran
• oil sanctions
• Scott Bessent
• US

US Lifts Iranian Oil Sanctions Amid Soaring Global Gas Prices.

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  Raviraj Sarangan / 1 day
• 0
• 2 min read

Washington, March 21, 2026 – The United States has issued a temporary waiver allowing the sale of Iranian oil currently stranded at sea, in an effort to address rising global gas prices exacerbated by the ongoing war in the region. Treasury Secretary Scott Bessent announced the short-term authorization, which will remain valid until April 19, […]