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Trump administration lifts sanctions on millions of barrels of Iranian oil The Washington PostLive updates: Iran war news; US removes sanctions on 140 million barrels of Iranian oil CNNUS lifts sanctions on Iranian oil at sea in bid to ease supply pressures The GuardianUS Treasury Allows Sale of Some Iranian Oil Stranded on Vessels Bloomberg.com
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War in Iran has disrupted global oil supplies, which is prompting some car shoppers to look for ways to climb off "the gas-price roller coaster."
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Gold, often a haven during times of stress, has been falling. Meanwhile, stocks are down, but not as much as many expected.
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Treasury Secretary Scott Bessent estimated that the move would add about 140 million barrels of crude to the oil market.
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