Removing sanctions on Iran oil will bring supplies into ports, US energy secretary says
Published on March 20, 2026.
U.S. Energy Secretary Chris Wright has stated that removing sanctions on Iran's oil will bring supplies to Asia within three or four days. The move is part of a broader effort to curb rising oil prices over Iran's closure of the Strait of Hormuz. Treasury Secretary Scott Bessent has also hinted that the United States may remove the sanctions.
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