US Allows Iranian Oil Tankers Through Strait of Hormuz to Stabilize Supply

Treasury Secretary Scott Bessent confirmed the United States is permitting Iranian oil tankers to pass through the Strait of Hormuz as a measure to stabilize global energy supplies and prices. This policy shift represents a pragmatic approach to managing the economic fallout of the Iran conflict while maintaining pressure on Tehran. The decision aims to prevent a supply shock that could devastate global markets and fuel prices.