about 140 million barrels

The keys

nuevo
Generated with AI

The US is studying lifting sanctions on Iranian oil, allowing the release of some 140 million barrels to stop the rise in prices.

The measure seeks to control the price of energy and guarantee global reserves, in the context of the war in Iran.

The United States could release more crude oil from its strategic reserve and hopes for international collaboration to secure passage through the Strait of Hormuz.

The Secretary of Defense says the military campaign in Iran is progressing as planned, although no end date has been set.

The US Treasury Secretary, Scott Bessent, has confessed that the Trump Administration is considering the possibility of lifting sanctions on Iranian oil coming soon which is already on cargo ships, which would amount to 140 million barrels.

The decision, similar to the one adopted with Russia a few days agois a new attempt by the White House to try to control the increase in energy prices due to its war in Iran and thus guarantee world reserves.

“In the coming days, we could lift sanctions on Iranian oil that is in the sea. There are about 140 million barrels“Bessent stated in an interview with the network Fox Business Network.

The world oil knot formed in Hormuz.

The world oil knot formed in Hormuz.

EE.

“In essence, we will use Iranian oil against the Iranians to maintain the price [del petróleo] low for the next 10 or 15 days while we continue with the military campaign,” he explained.

He has also suggested that the United States could release more oil from its own strategic reserve and has warned that the Government has “many tools” at its disposal.

Bessent has also been optimistic about the possibility of other countries helping ships safely cross the Strait of Hormuz, blocked since the beginning of the conflict.

Specifically, the White House official has revealed that he expects “clarification” from NATO and US allies in Asia – such as South Korea or Australia – since just a couple of days ago they refused to participate in a coalition to ensure security in the strait.

“We are winning”

In parallel, the Secretary of Defense, Pete Hegsethrepeated in a press conference that “his objectives in Iran remain the same as the first day” and that the military campaign will continue because it is on the right track.

“We are winning decisively and on our own terms,” ​​he assured. However, he has ruled out setting an end date to the conflict.

Source

Be the first to comment

Leave a Reply

Your email address will not be published.


*