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US may unsanction Iranian oil to cool prices as Gulf war shakes energy markets

Mar 19, 2026 - 21:30
US may unsanction Iranian oil to cool prices as Gulf war shakes energy markets

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The Trump administration is considering releasing 140 million barrels of Iranian oil to stabilize global prices amid escalating Gulf conflict. US Treasury Secretary Scott Bessent indicated a potential move within days to boost physical supply, describing it as a "break the glass plan.
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