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The US temporarily authorizes the sale of Iranian oil stranded at sea to try to stop the rise in prices

By Jay J. Wee / March 20, 2026



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The United States has temporarily authorized the sale of Iranian crude oil and derived products stranded at sea.

The measure implies a lifting of sanctions for 30 days, until April 19.

The objective of the decision is to try to stop the escalation of oil prices internationally.

The United States authorized this Friday the temporary delivery and sale of Iranian crude oil and petroleum products from already loaded ships that are stranded at sea. According to the US Treasury Department, the sanctions will be lifted for a period of 30 daysuntil next April 19.

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