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Bessent: US May Lift Sanctions on China-Bound Oil to Balance Supply

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Bessent: US May Lift Sanctions on China-Bound Oil to Balance Supply
Mar-19-2026
Washington is mulling a move that may free several hundred million barrels of oil. What does Treasury Secretary Scott Bessent say about the possibility of lifting sanctions on Russian and Iranian oil bound for China? President Donald Trump hosted Japanese Prime Minister Sanae Takaichi at the White House. Topping the agenda wer...
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