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Bessent Allows Iranian Oil to Flow Through Hormuz, Signals Possible SPR Release to Crush Oil Prices Geopolitics

2026-03-19T23:08:42.000Z

U.S. Treasury Secretary Bessent announced the U.S. has allowed Iranian oil to continue flowing through the Strait of Hormuz and may lift sanctions on 130 million barrels of Iranian crude currently at

iran oil hormuz