US permits temporary sale of Iranian oil stranded at sea as crude tops $112 a barrel amid Middle East conflict

Mar 20, 2026 - 18:45
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US permits temporary sale of Iranian oil stranded at sea as crude tops $112 a barrel amid Middle East conflict
US Treasury Secretary Scott Bessent said in a post on X that his department was issuing a temporary authorisation permitting the sale of the stranded Iranian oil.

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