🔥 HUGE: U.S. lifts sanctions on Iranian oil during war
The U.S. just approved a 30-day waiver allowing ~140M barrels of Iranian oil already at sea to enter global markets.
Yes… the SAME country it’s currently in conflict with.
Here’s what matters:
• ~140M barrels released (≈ 1.5 days of global supply)
• Waiver expires April 19 temporary relief only
• China was already buying 90%+ at discounted prices
• Iran now monetizes oil while tensions remain high
This is a short-term fix… not a solution.