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The United States opens the “tap” on Iranian oil, 140 million barrels heading to the market

  • Mar 21
  • 1 min read

The United States has decided to temporarily ease sanctions on Iranian oil currently at sea, aiming to stabilize prices in international markets.


According to the U.S. Department of the Treasury, the authorization will be valid for a 30-day period and will allow the sale of this quantity of oil in most global markets.


It is estimated that around 140 million barrels of oil will enter circulation, a move intended to increase supply and keep fuel price rises under control.


This decision comes at a time when energy markets are under pressure due to geopolitical tensions and strong fluctuations in oil prices, raising concerns about the impact on the global economy.


Experts believe that this intervention could have an immediate effect on stabilizing the market, although the long-term impact after the 30-day period remains to be seen.


"KORCA BOOM"


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