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US lifts sanctions on Iranian oil


Morphine Prince
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Morphine Prince

The U.S. Treasury has authorized the purchase of Iranian oil that's already at sea, exempting buyers from the tight sanctions that have restricted the country's oil industry for years — a move aimed at stemming soaring prices amid the U.S.'s war with Iran.

The sanctions license allows oil from Iran to be purchased if it was loaded onto a ship by 12:01 a.m. ET on Friday. The authorization lasts until April 19. They do not cover people located in North Korea, Cuba or the parts of Ukraine occupied by Russia.

Treasury Secretary Scott Bessent said Friday the move could free up around 140 million barrels of oil that otherwise would've been "hoarded by China on the cheap," referring to China's status as the largest importer of Iranian oil.

"In essence, we will be using the Iranian barrels against Tehran to keep the price down as we continue Operation Epic Fury," Bessent said in a statement, casting it as a way of "expanding the amount of worldwide energy and helping to relieve the temporary pressures on supply caused by Iran."

Bessent argued that Iran won't be able to access much of the proceeds from the sales, writing that "the United States will continue to maintain maximum pressure on Iran and its ability to access the international financial system."

Read more: https://www.cbsnews.com/news/trump-administration-temporarily-lifts-sanctions-on-iranian-oil-at-sea/

 

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Ladle Ghoulash

So they’re lifting sanctions against a nation they’re actively at war with? :toofunny:

We have forgotten our public MANNERS
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PornoDanceFight

The high schoolers I teach have a better grasp of foreign policy than everyone in DC, my God.

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xxxdreams

This is going to be a hell of a midterm election for Trump, that’s for sure..

Also, why is no one talking about the name? Operation Epic Fury? When are we going to get Operation Unfathomably Huge Groinshot of Domination? Who let a Call of Duty player name a U.S. operation?

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PornoDanceFight
35 minutes ago, xxxdreams said:

This is going to be a hell of a midterm election for Trump, that’s for sure..

Also, why is no one talking about the name? Operation Epic Fury? When are we going to get Operation Unfathomably Huge Groinshot of Domination? Who let a Call of Duty player name a U.S. operation?

Many military campaigns have been given ridiculous names: Operation Overlord, Operation Desert Storm, Operation Iraqi Freedom, etc. However, this one is by far one of the more asinine ones :icant:

But also...why are they all kind of giving the subtitle of an anime season...

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AsleepOnTheCeiling
1 minute ago, ****oDanceFight said:

Many military campaigns have been given ridiculous names: Operation Overlord, Operation Desert Storm, Operation Iraqi Freedom, etc. However, this one is by far one of the more asinine ones :icant:

But also...why are they all kind of giving the subtitle of an anime season...

It's giving Kung Fu Panda

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FfFfFfFF
2 hours ago, xxxdreams said:

This is going to be a hell of a midterm election for Trump, that’s for sure..

Also, why is no one talking about the name? Operation Epic Fury? When are we going to get Operation Unfathomably Huge Groinshot of Domination? Who let a Call of Duty player name a U.S. operation?

It's a bad name because it's so generic and literally video game-like. :air: 

At least Operation Rising Lion makes sense (Iran's previous regime had a lion on its coat of arms). Or Operation Aphrodite in Cyprus (Greek mythology placed Aphrodite's birth on the island). These do have a ring to them, because they take into account a historic/cultural dimension.

Trump should rename it McDonald's Hunger and call it a day. :lana: 

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southpaw773
4 hours ago, Ladle Ghoulash said:

So they’re lifting sanctions against a nation they’re actively at war with? :toofunny:

Blaming Spider-Man GIF

I might need a hero to save me from breaking
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