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U.S. may remove sanctions on Iranian oil stranded in tankers, Bessent says

U.S. Treasury Secretary ‌Scott Bessent

© APA | U.S. Treasury Secretary ‌Scott Bessent

# 19 March 2026 17:21 (UTC +04:00)

The U.S. ‌may soon remove sanctions from ⁠Iranian oil that is ‌stranded on tankers ‌to help ‌lift ⁠global supplies ⁠and reduce prices, U.S. Treasury Secretary ‌Scott Bessent said on Thursday.

“In the ‌coming days, we may unsanction ⁠the Iranian oil that’s ‌on the water. It’s about 140 million ‌barrels,” Mr. Bessent told Fox Business Network’s “Mornings with ⁠Maria” programme.

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