"By temporarily unlocking this existing supply for the world, the United States will quickly bring approximately 140 million barrels of oil to global markets, expanding the amount of worldwide energy and helping to relieve the temporary pressures on supply caused by Iran."
"This temporary, short-term authorization is strictly limited to oil that is already in transit and does not allow new purchases or production."
"Essentially, we're allowing Iran to sell oil, which could then be used to fund the war effort."
The Trump administration has granted a 30-day sanctions waiver for purchasing Iranian oil at sea to alleviate energy supply pressures due to the US-Israeli conflict with Iran. This marks the third temporary sanctions waiver in two weeks. The US aims to bring approximately 140 million barrels of oil to global markets, helping to stabilize prices. Critics argue this could inadvertently support Iran's war efforts, while the administration insists the waiver is limited to oil already in transit and does not permit new purchases or production.
Read at www.theguardian.com
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