Trump administration lifts sanctions on millions of barrels of Iranian oil The Washington PostLive updates: Iran war; US removes sanctions on 140 million barrels of Iranian oil CNNUS lifts sanctions on Iranian oil at sea in bid to ease supply pressures The GuardianUS Treasury Allows Sale of Some Iranian Oil Stranded on Vessels Bloomberg.com
Bessent said easing sanctions would allow 140 million barrels of oil to hit global markets and help "relieve the temporary pressures on supply caused by Iran."