The US Treasury on Friday (Mar 20) temporarily lifted sanctions on Iranian oil already loaded onto vessels, in Washington's latest step to stem a supply crisis over the Middle East war.

The authorisation allows for the delivery and sale of Iranian crude oil and other petroleum products loaded onto ships before Mar 20, and will last through Apr 19, the Treasury said in a statement.

https://web.archive.org/web/20260321012446/https://www.channelnewsasia.com/world/iran-war-hormuz-oil-prices-us-sanctions-6008151

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[–] 5 points 7 months ago

I can't drive all that way to fill up my tank!

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