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US May Unsanction Iranian Oil Already On the Water, Bessent Says
What happened
Treasury Secretary Scott Bessent says the US won't intervene in oil markets, but it might release more oil from the Strategic Petroleum Reserve. He also told Fox Business that israel-to-stop-iran-energy-strikes.html" class="story-link" title="Trump tells Israel not to repeat strikes on Iranian energy as crisis deepens - R">Iranian oil already on the water could be unsanctioned. Tyler Kendall has more from the White House. (Source: Bloomberg)
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Reported by Bloomberg.
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