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U.S. allows Iranian oil tankers through Strait of Hormuz, says Bessent

The White House believes tanker traffic through the Strait of Hormuz will increase before Navy escorts are deployed, Treasury Secretary Scott Bessent said. The United States is allowing Iranian oil tankers to transit the Strait of Hormuz, Treasury Secretary Scott Bessent told CNBC on Monday. "The Iranian ships have been getting out already, and we've let that happen to supply the rest of the world," Bes... [2633 chars]

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