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 as Washington scrambles to contain the economic shockwaves of its military campaign.
At current prices, the amount of oil Bessent said the measures would bring to market would be worth more than $14 billion for Tehran.
“The U.S. is funding a war against itself,” Danny Citrinowicz, a senior researcher on Iran at the Institute for National Security Studies, which is affiliated with Tel Aviv University in Israel, told NBC News.
