U.S. Considering Lifting Sanctions on Stranded Iranian Oil
The Hindu
U.S. Treasury Secretary Scott Bessent suggests lifting sanctions on Iranian oil to boost global supply and reduce soaring prices. What’s next for oil markets?
U.S. may lift sanctions on **140 million barrels** of Iranian oil.
Oil prices have surged above **$100 per barrel** amid geopolitical tensions.
Japan's Prime Minister may discuss securing oil routes with Trump.
China's export restrictions leave Asian countries seeking alternatives.