Treasury Secretary Scott Bessent testifies before the Senate Committee on Banking, Housing, and Urban Affairs on Capitol Hill in Washington on Feb. 5, 2026. Madalina Kilroy/The Epoch TimesTreasury Secretary Scott Bessent said on March 19 that the United States may lift sanctions on Iranian oil currently in transit to bolster supply and stabilize energy prices.Ongoing U.S.–Israeli military operations against Iran have limited the transportation of crude oil and natural gas through the Strait of Hormuz. Although there has been some traffic activity in the narrow waterway, it has not been enough to reverse the spike in global energy markets.
15.5
C
Ottawa
Saturday, June 20, 2026
The Alliance Press is the world leader in online chained news and information and seeks to inform, engage and empower the world. We expose the information that wasn't known before or current events broadcast over the radio, television, online or in print media. Our content is now available through your mobile phone. No matter where your on-the-go lifestyle takes you, TAP brings the news directly to you.
More from CN
Contact
© The Alliance Media Group design by CODEUS