US lifts sanctions on Iranian oil stranded at sea via The Hill News — 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…

The US has authorized the sale of Iranian oil stranded at sea, lifting sanctions amid rising global energy costs. The move is a short-term measure.

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