US Approves 30-Day Iran Oil Sanctions Waiver

US Approves 30-Day Iran Oil Sanctions Waiver

The Trump administration issued a 30-day waiver on Iranian oil, releasing 140 million barrels to ease global energy shortages amid the US-Israel-Iran conflict. Treasury Secretary Scott Bessent said the limited move stabilizes markets while leveraging Iranian oil to curb prices. Iran threatened expanded attacks, as regional strikes and tensions persist.