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PoliticoMar 21, 2026National News

US pauses sanctions on some of Iran’s oil as gas prices surge

President Trump acknowledged that U.S. military operations against Iran contributed to rising oil prices while defending the mission's success.

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US considers lifting sanctions on some Iranian oil
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US pauses sanctions on some of Iran’s oil as gas prices surge
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tl;dr

The Trump administration has issued a 30-day waiver on certain Iranian oil sanctions to combat surging gas prices following U.S. airstrikes and regional instability. The move attempts to balance 'maximum pressure' with domestic economic stability.

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