IRAN CONFLICT — 2026-03-17

US Allowing Iranian Tankers Through Hormuz to Prevent Global Supply Crisis

Treasury Secretary Bessent confirmed the US is permitting Iranian oil tankers to transit the Strait of Hormuz, stating 'We've let that happen to supply the rest of the world.' The policy reveals a tension between military objectives and economic stability—Washington is waging war on Iran while facilitating its oil exports to prevent a global recession.

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