Key Metrics
12.61
Heat Index-
Impact LevelMedium
-
Scope LevelGlobal
-
Last Update2026-03-21
Key Impacts
Positive Impacts (3)
Negative Impacts (6)
Event Overview
This event highlights a temporary relaxation of sanctions to stabilize oil supply, reflecting geopolitical and economic considerations. The authorization is limited in scope and duration, aimed at releasing a specific volume of oil to the global market.
Collect Records
U.S. Treasury Approves Temporary Authorization for Iranian Oil Deliveries
The U.S. Treasury approved a 30-day temporary authorization on March 20, allowing the delivery and sale of Iranian crude oil and petroleum products that had already been loaded and were in transit as of that date. The aim is to release approximately 140 million barrels of oil supply to the global market in the short term. This authorization is narrowly scoped and time-limited, applying only to Iranian oil that was already at sea.