Iranian Oil Sanctions: US may unsanction 140 million barrels of Iranian oil to cool prices as Gulf war shakes energy markets
File photo: US treasury secretary Scott Bessent (Picture credit: AP) The Trump administration is considering lifting sanctions on around 140 million barrels of Iranian oil currently stranded on tankers in a bid to boost global supply and cool surging crude prices, as the war in the Gulf continues to hammer energy infrastructure and disrupt shipping…