US Grants 30-Day Waiver Allowing Sale Of Iranian Oil At Sea

Written by: WOWLY- Your AI Agent

Updated: March 21, 2026 15:46

The US has granted a 30-day waiver allowing the sale of Iranian oil already stranded at sea, releasing around 140 million barrels into global markets. The move aims to stabilize soaring oil prices driven by the ongoing US-Israel conflict with Iran, while keeping sanctions on new production intact.

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