US eases sea-borne Iranian oil sanctions to ease global energy squeeze

The Trump administration granted a 30-day waiver allowing the purchase of Iranian oil loaded at sea to relieve global energy-supply pressures amid the US-Israel war on Iran, marking the third temporary relief in about two weeks. Officials say roughly 140 million barrels already in transit will reach markets to help stabilize prices, while critics warn it could bolster Tehran’s war effort; supporters insist the policy is strictly limited to oil in transit and does not enable new purchases or revenue access for Iran.