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In a twist of wartime irony, the United States has moved to ease sanctions on Iranian oil to cool surging energy prices, a potential boon for Tehran.
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As the war in the Middle East enters its fourth week, President Trump says the U.S. is considering "winding down" military efforts, as it also seeks to ease the energy crisis by lifting sanctions on Iranian oil stranded at sea.
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The Treasury Department's authorization of the sale of Iranian crude already at sea is likely to provide revenue for Iran's war effort against the U.S.
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The treasury secretary says the move will quickly bring about 140m barrels of oil to global markets.
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