US Considers Easing Sanctions on Iranian Oil to Alleviate Global Energy Market Pressure

Washington D.C. -- The United States is considering lifting some sanctions on Iranian oil as it seeks ways to reduce the pressure on the energy market caused by the ongoing conflict with Iran, according to US Treasury Secretary Scott Bessent in an interview. According to him, this step could make more oil available on the world market, which could help keep rising energy prices under control for some time.

Energy prices are rising sharply worldwide after supply chains and production were affected by the conflict. In this situation, the proposal to bring Iranian oil to the market is being viewed as a major shift in US policy. The US, which has long imposed strict sanctions on Iran, now appears to be seeking flexibility according to the situation.

Experts have warned that the impact of this move will be limited. According to them, the volume of oil proposed to be made available is small compared to the total market demand, so it may not have a long-term effect on prices. Furthermore, it has been pointed out that easing the sanctions could provide the Iranian government with additional financial resources, which risks further strengthening the war effort.

Before the war, China was the main buyer of Iranian oil, purchasing large quantities at cheap prices due to the sanctions. It is reported that the US is now strategizing to divert such oil towards other countries including India, Japan, and Malaysia, with the expectation that this will force China to pay market prices.

According to Bessent, the issue of lifting the sales ban on approximately 140 million barrels of Iranian oil currently at sea is also under consideration. This is estimated to potentially lower prices in the world market for about 10 to 14 days. However, it remains unclear how arrangements will be made to ensure that the revenue generated from such a decision does not reach the Iranian government if implemented.

Meanwhile, US President Donald Trump has not made a clear statement regarding this proposal. He has only stated that whatever steps are necessary to control prices will be taken. Overall, while the US proposal may help alleviate immediate market pressure, uncertainty remains regarding its long-term impact and political consequences. Uncertainty persists.