Washington, Mar 21 (V7N) – The United States has temporarily eased sanctions on Iran’s oil sector, allowing the sale of certain Iranian crude and petroleum products currently stranded at sea.

According to reports, including BBC News, Washington has granted a 30-day general license permitting the export of shiploads of Iranian oil from March 20 to April 19. The decision comes amid rising global energy prices and supply pressures linked to ongoing tensions between Iran and Israel.

A notice published on the website of the US Department of the Treasury confirmed that the temporary authorization applies to Iranian crude oil and petroleum products currently held on vessels at sea.

Analysts suggest the move is aimed at stabilizing global energy markets, which have come under strain due to geopolitical conflicts and supply disruptions.

Previously, the United States had also taken similar steps to ease restrictions on Russia’s oil exports in response to global market pressures.

The development highlights Washington’s balancing act between enforcing sanctions and ensuring stability in international energy supplies during periods of crisis.

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