What Happened
The Trump administration is considering releasing 140 million barrels of Iranian oil to stabilize global prices amid escalating Gulf conflict.
Why It Matters
US Treasury Secretary Scott Bessent indicated a potential move within days to boost physical supply, describing it as a "break the glass plan.
Background Context
The Trump administration is considering releasing 140 million barrels of Iranian oil to stabilize global prices amid escalating Gulf conflict. US Treasury Secretary Scott Bessent indicated a potential move within days to boost physical supply, describing it as a "break the glass plan.
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Track official statements, independent verification, and regional impact updates in the next 24 to 48 hours.
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Source: Times of India – Original Link
Source: Times of India