The U.S. Treasury Department’s Office of Foreign Assets Control has issued waivers temporarily lifting nearly all sanctions imposed on tankers originating from or carrying oil from the Islamic Republic of Iran, dubbed “Authorizing the Delivery and Sale of Crude Oil and Petroleum… pic.twitter.com/RPbOTZ2Muo
— OSINTdefender (@sentdefender) March 20, 2026
The U.S. Treasury Department’s Office of Foreign Assets Control has issued waivers temporarily lifting nearly all sanctions imposed on tankers originating from or carrying oil from the Islamic Republic of Iran, dubbed “Authorizing the Delivery and Sale of Crude Oil and Petroleum Products of Iranian-Origin Loaded on Vessels as of March 20, 2026” effective for vessels loaded on or before 12:01a.m. EST, March 20, 2026 through 12:01a.m. EST, April 19, 2026....we’re gonna lower the price of gas!
Or, you know, probably not. Unless this is also a sign we’re gonna cut ‘n’ run. I wouldn’t be surprised about that, either. Because nothing short of ending hostilities and getting Iran to release the Strait (two conditions that may not be yoked together) is likely to calm the global markets; or the insurance underwriters.
Insurance is finance; and finance runs the world. Until the insurance industry decides the Strait is safe…it ain’t open.
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