US considers lifting sanctions on some Iranian oil
Scott Bessent said the US was considering a waiver for Iranian oil already at sea, which he said could ease supply pressure and lower prices.
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Scott Bessent said the US was considering a waiver for Iranian oil already at sea, which he said could ease supply pressure and lower prices.
Republished from BBC News, with credit to the original publisher.
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Treasury Secretary Scott Bessent said the US is considering a temporary waiver allowing sales of Iranian oil already at sea, saying it could ease supply pressure and lower prices. Experts cited in the article questioned the likely price impact and warned that sales could benefit Iran; the Treasury Department did not provide details.
Treasury secretary who proposed considering a waiver on some Iranian oil sales
President asked whether he would proceed with the proposed waiver
Trump's version of this story ↗
House bill sponsor who did not respond to a request for comment
Senator and top Democrat on the Foreign Affairs Committee who did not respond to a request for comment
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