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Politico | Energy & Environment
Trump administration may unsanction some Iranian oil as energy prices spike, Bessent says
19 March 2026 at 23:06

Trump administration may unsanction some Iranian oil as energy prices spike, Bessent says

Politico | Energy & Environment

By: By Gregory Svirnovskiy and Ben Lefebvre

19 March 2026 at 23:06

The Treasury secretary said the Trump administration has several “levers” to pull as war in the Middle East roils oil markets.

Treasury Secretary Scott Bessent arrives to attend an event for Inter Miami CF, winners of the 2025 Major League Soccer Cup, in the East Room of the White House in Washington on March 5.