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US lifts sanctions on Iranian oil at sea in bid to ease supply pressures

Treasury secretary Scott Bessent says move will bring 140m barrels to market but insists Tehran will not benefitMiddle East crisis – live updatesThe Trump administration has waived sanctions on Iranian oil purchases at sea for 30 days to ease surging oil prices driven by the US-Israeli war on Iran.The US treasury secretary, Scott Bessent, said the waiver would bring about 140m barrels of oil to global markets and help relieve pressure on energy supply. Continue reading...

Mar 21, 2026 &03222121202631; 05:22 UTC www.theguardian.com Trending 2/5

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Positive for markets

Sentiment score: +45/100

Low impact Short-term (days)

WHAT THIS MEANS

Rule-based L2: BULLISH signal from The Guardian Business

AI CONFIDENCE

60% High

SENTIMENT GAUGE

NEWS POWER SCORE

AFFECTED ASSETS

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Oil (WTI Crude)

CL=FCommodity

Expected to rise

US lifts sanctions on Iranian oil at sea in bid to ease supply pressures

PRICE HISTORY

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⚡ SUGGESTED ACTION

Automated signal: BULLISH on primary asset

Analysis generated on Mar 21, 2026 at 15:37 UTC

Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by The Guardian Business. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

US lifts sanctions on Iranian oil at sea in bid to ease supply pressures

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