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Trump Administration Eases Iran Oil Sanctions to Lower Gas Prices Amid Rising Global Oil Costs
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Trump Administration Eases Iran Oil Sanctions to Lower Gas Prices Amid Rising Global Oil Costs

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ZimCelebs·March 21, 2026·2 min read

The United States has allowed Iran to sell 140 million barrels of oil under a temporary waiver. The move aims to lower global oil prices while maintaining financial restrictions on Iran. Officials say the policy could shift oil sales toward Western markets and limit Iran’s access to revenue.

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