US war on Iran | Megathread for Week 12 of 2026
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❗️US says lifting Iran oil sanctions could send crude to Asia in days
Removing sanctions on stranded Iranian oil would allow supplies to reach Asia within three to four days, US Energy Secretary Chris Wright said on Friday.
Treasury Secretary Scott Bessent said on Thursday that the US may soon lift restrictions on Iranian oil stuck on tankers at sea, as Washington aims to ease rising prices caused by Iran’s closure of the Strait of Hormuz.
"Within days, within three or four days, that oil will start to arrive at ports," Wright said in an interview on Fox Business Network's "Mornings with Maria" program.
Wright said the previously restricted oil would then be processed and enter the market over the next six weeks or so.
"I think that most of that oil will be absorbed in the next 30 to 45 days," he said.
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