The United States announced the temporary lifting of Iran's oil sanctions to address pressure on oil prices.

U.S. Treasury Secretary Bensont said today that despite the war between the United States and Iran, the U.S. will lift sanctions on Iranian oil.

According to reports, this move is temporary and applies to goods that have already been loaded and are en route before March 20.

Comment: This move by the U.S. is not a gesture of goodwill, but rather a self-rescue driven by high oil prices and high inflation: fearing that oil prices could spiral out of control and trigger domestic livelihood issues and elections, they had to ease some sanctions as an emergency measure. This temporary release can inject about 140 million barrels of oil into the global market; at the same time, the U.S. has strictly limited the scope and refuses to allow Iran to gain sufficient revenue, using Iranian oil to suppress prices while continuing to exert extreme pressure.

Original article: toutiao.com/article/1860268587040777/

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