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.

Gas prices are spiking as the Israel-Iran war hits key energy infrastructure, with Israel now pausing attacks on Iranian gas fields at President Donald Trump’s request.

Iran intensified its attacks on oil and natural gas facilities around the Gulf on Thursday, raising the stakes in a war that is sending shock waves through the global economy. The strikes, in retaliation for an Israeli attack on a key Iranian gas field,

United States Treasury Secretary Scott Bessent said on March 21 that by releasing the 140 million barrels of sanctioned Iranian oil that China is hoarding at low prices, the U.S. could quickly ease

The Trump administration temporarily lifted sanctions on Iranian oil Friday, allowing buyers to purchase shipments already at sea in a

Israel hit the Iranian capital Tehran with airstrikes Friday, with activists reporting sounds of strikes around the city

The U.S. temporarily lifted sanctions on Iranian oil already at sea as oil prices soar amid the Middle East conflict.

The spokesman for Iran’s paramilitary Revolutionary Guard insisted Friday that Tehran was still building missiles, seeking to counter a claim by Israeli Prime Minister Benjamin Netanyahu that it no longer could.