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US signals u-turn on Iran sanctions, may free stranded oil tankers, says treasury secy Bessent

Bessent claimed that the volume is significant enough to temporarily offset supply shortages caused by disruptions in the Middle East. The United States is considering a significant policy shift by removing sanctions on Iranian oil that is currently stranded on tankers at sea. US treasury secretary Scott Bessent said on Thursday that the move is aimed at increasing global crude supp... [1917 chars]

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