US may ease sanctions on Iranian oil, says Treasury Secretary Scott Bessent

US may ease sanctions on Iranian oil, says Treasury Secretary Scott Bessent US Treasury Secretary Scott Bessent told Fox Business that Washington may ease restrictions on Iranian oil. Bessent said that Russian and Iranian oil tankers that have left the Strait of Hormuz and are currently on the water could be used to provide temporary relief to stabilise global markets. “We will be using the Iranian barrels against the Iranians to keep the price down for the next 10 or 14 days as we continue this campaign”, Bessent