Oil rises even as U.S. weighs freeing 140 million barrels of Iranian crude
Treasury Secretary Bessent says the U.S. may unsanction 140 million barrels of Iranian oil on tankers to cool prices after Iran shut the Strait of Hormuz.
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Since the Iran war ceasefire as shaky at best, most shipping firms still believe routing oil and gas tankers through the Strait of Hormuz is too risky
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