The statement was made in response to an option proposed by US Treasury Secretary Scott Bessent of lifting sanctions on Iranian oil already loaded into tankers

U.S. may lift sanctions on Iranian oil in tankers to boost global supplies and lower prices, says Treasury Secretary Bessent.

Scott Bessent says actions will increase oil supply and bring down prices, but long-term effects in question

Treasury secretary Scott Bessent says move will bring 140m barrels to market but insists Tehran will not benefit

The statement was made in response to an option proposed by US Treasury Secretary Scott Bessent of lifting sanctions on Iranian oil already loaded into tankers