Report: Trump's Kharg Island Plans Aimed To Push Iran on Hormuz
Edited By WION Video Desk
Published: Mar 21, 2026, 14:45 IST | Updated: Mar 21, 2026, 14:45 IST
The United States has temporarily lifted sanctions on Iranian oil already at sea in a bid to ease surging global energy prices driven by the U.S.-Israeli war on Iran, according to U.S. Treasury Secretary Scott Bessent.
The Treasury Department issued a “narrowly tailored” authorization allowing the sale of Iranian crude oil and petroleum products loaded on vessels as of March 20, with the waiver running until April 19.
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