Trump Administration Lifts Sanctions on Iranian Oil Stranded at Sea

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Published: 4 hours ago

The Treasury Department issued a narrowly tailored, short-term authorization permitting the sale of Iranian oil currently stranded at sea. The move comes as US-Iran tensions continue driving up global energy costs. Oil-linked currencies including CAD, NOK, and RUB may weaken on potential supply increases. USD could strengthen as geopolitical tensions ease, affecting major pairs across commodity and risk-sensitive currencies.

Nothing to see yet 😢