The U.S. is eyeing 140 million barrels of stranded Iranian oil to cool prices
Treasury Secretary Bessent said Washington may waive sanctions on Iranian crude already at sea — but Brent is still trading near $109 a barrel after spiking to $120 on Thursday
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Oil rises even as U.S. weighs freeing 140 million barrels of Iranian crude
Treasury Secretary Bessent says the U.S. may unsanction 140 million barrels of Iranian oil on tankers to cool prices after Iran shut the Strait of Hormuz.
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U.S. is letting Iranian oil tankers through the Strait of Hormuz, Bessent s
Treasury Secretary Scott Bessent says the U.S. is allowing Iranian oil tankers through the Strait of Hormuz to keep global oil markets well supplied.
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