Oil falls as U.S. weighs releasing sanctioned Iranian crude to cool prices
U.S. oil prices extended their decline after Treasury Secretary Scott Bessent said Washington may soon lift sanctions on Iranian crude stored aboard tankers.
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U.S. oil prices extended their decline after Treasury Secretary Scott Bessent said Washington may soon lift sanctions on Iranian crude stored aboard tankers.
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As oil and jet fuel prices climb due to the war in Iran that’s disrupting shipping lanes in the Middle East, airlines are warning that ticket prices will rise, too. Jet fuel costs have jumped sharply since the conflict began…