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U.S. is allowing Iranian oil tankers through Strait of Hormuz, says Bessent

The United States is allowing Iranian oil tankers to transit the Strait of Hormuz, Treasury Secretary Scott Bessent told CNBC on Monday.

“The Iranian ships have been getting out already, and we’ve let that happen to supply the rest of the world,” Bessent told CNBC’s Brian Sullivan in a “Squawk Box” interview in Paris. The Treasury secretary is in France for trade talks with China.

h/t Mauser

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