The White House has lifted sanctions on the purchase of Iranian oil for a period of 30 days.
Modern.az reports that "The Guardian" publication has disseminated information on this matter.
According to US Treasury Secretary Scott Bessent, this will allow approximately 140 million barrels of oil to enter the global market and partially reduce prices.
It should be noted that since the beginning of the conflict, oil prices have increased by more than 50%, exceeding 100 dollars per barrel – this is the highest level since 2022. Against this backdrop, the US administration is interested in lowering prices, including in the domestic market, taking into account the upcoming midterm Congressional elections.
This is the third temporary easing of sanctions in the last two weeks. The current measures will remain in force until April 19 and will apply only to tankers already loaded with oil.
However, the easing does not apply to oil shipments sent to Cuba, North Korea, the so-called "Donetsk People's Republic" and "Luhansk People's Republic", and Russian-occupied Crimea.