U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets - Foreign Affairs (7)

U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets - Foreign Affairs (7) - Nairaland

Nairaland Forum › Nairaland General › Politics › Foreign Affairs › U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets (16589 Views)

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Re: U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets by Nobody: 1:10pm On Mar 21

Alikoooooooooo:
Delusions are a terrible thing. work for the propaganda department of some organization. Only that this type of propaganda stems from deteriorating mental health.

Since it ain’t supporting bibi’s death, it’s mental challenge. Oh, so Islam hate propaganda as long as it is against them. Bunch of hypocrites!!!

Re: U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets by commoditiesnig(m): 1:13pm On Mar 21

Lol 😂… Just imagine! Lifting sanction on the same country you’re at war with.

DT has terribly failed on this.. As I’ve said before this war was hugely unnecessary

Re: U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets by commoditiesnig(m): 1:13pm On Mar 21

TruthU87:
Day 21 of Operation Epic Failure

- Russian oil unsanctioned
- Iranian oil unsanctioned
- Ships paying Iran $2M for Hormuz passage
- $1T gone from stock market
- F35 proven useless
- American bases under constant attack
- Replaced Khamenei with Khamenei

Epic comment!

1 Like

Re: U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets by agentarcher(m): 1:14pm On Mar 21

Daddyk87:
One Chinese professor had predicted this at least a couple of years ago if am not wrong.
I thought he was mad, perhaps am wrong.

Not all he says is true but he did get the trump winning right and trump going to war with Iran also right, the last one is Iran winning the war. Strangely this is like his first set predictions he has gotten right

Re: U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets by kedeojo(m): 1:17pm On Mar 21

I'm

SpencerForbes:
The truth is that this move is a massive trap for Tehran. The US is basically using Iran's own head to break coconut by weaponizing their own oil against them.

By letting those 140 million barrels hit the market at once, they are intentionally crashing global oil prices. The goal is simple: strip Iran of those high-profit margins they were using to fund their "runs" and operations.

It’s a cold "format" because the waiver only covers old stock already on ships, not new production. Iran isn't gaining any new market share or long-term contracts here. Even China’s "sweet deal" is dead now that they have to compete with Japan and India—the "distress discount" Iran was using to keep their allies happy has effectively evaporated.

Worst of all, while the oil is moving to keep global fuel prices stable, the money is still trapped. Financial systems are still on lockdown, so the revenue is basically "Audio Money" sitting in accounts Tehran can't touch.

Basically, the US is taking the oil to kill global inflation while keeping the pressure on Iran exactly where it is. Masterstroke.

Do you think Iran is senseless. Trump is seeing the big picture of his possible impeachment if America economy continues to bite harder on the citizen. he will either swallow his pride and announce ceasefire or he will got disgrace from office. Iran will never sell any oil to them. Trump is just big for nothing. he think America is what it use to be many years ago when all countries fear them because of different weapons possessed but now some countries have also developed thiers too. ordinary Iran is showing him shege, what will become countries like North Korea, china and russia if they are at war. no wonder he don't like to offend them even when provoked. Iran is not Venezuela.

Re: U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets by HelipsTech: 1:18pm On Mar 21

TruthU87:
Day 21 of Operation Epic Failure

- Russian oil unsanctioned
- Iranian oil unsanctioned
- Ships paying Iran $2M for Hormuz passage
- $1T gone from stock market
- F35 proven useless
- American bases under constant attack
- Replaced Khamenei with Khamenei

Delusion, you think America is affected by the oil price? Lol, America secured Venezuelan oil, before the operation.

And you saying F35 proven useless, because of damages, were there no suppose to be damages

You just ended up writing trash, what's replace Khameni with Khameni, how many terrorist are dead in Iran?

Re: U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets by Axis313(m): 1:21pm On Mar 21

FSBoperator:
That bridge has passed as Iran no longer wants anything to do with the USD and is now demanding that anyone besides the US and Israel can access the straits on the condition they pay in Chinese yuan.

This isn't limited to Iranian shipments of crude but the entire GCC oil stock must be bought and paid for in Yuan.

The Iranians are now dictating to the GCC countries on which currencies they can sell their crude to and so far its working as Qatari gas shipment to Japan was paid for in Yuan into a Chinese bank account.

Chai!Iran wan wreck US economy.

1 Like

Re: U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets by westside365: 1:26pm On Mar 21

Lol. Iran don humble USA.

Re: U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets by Procashtips(m): 1:29pm On Mar 21

SpencerForbes:
The USA is a super power and when they sanction you, even China can only complain reason they call them world police. Go and read your government textbook. Even in history class, we learnt the seven super powers of the world but I guessed you wrote waec in SS1. Gen Z Shudren 😂

See who I have been wasting my time on.

Children everywhere.

2 Likes

Re: U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets by VanuatuWycombe: 1:31pm On Mar 21

SpencerForbes:
A simple research here and there don’t hurt.

Is this a research? God!

Anyway, this is kind of candidates they package for us, from that side, to vote for as Nigeria’s best president-to-be.

Re: U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets by Nobody: 1:32pm On Mar 21

kedeojo:
I'mDo you think Iran is senseless. Trump is seeing the big picture of his possible impeachment if America economy continues to bite harder on the citizen. he will either swallow his pride and announce ceasefire or he will got disgrace from office. Iran will never sell any oil to them. Trump is just big for nothing. he think America is what it use to be many years ago when all countries fear them because of different weapons possessed but now some countries have also developed thiers too. ordinary Iran is showing him shege, what will become countries like North Korea, china and russia if they are at war. no wonder he don't like to offend them even when provoked. Iran is not Venezuela.

Correction please! If the sanctions were only from the US, do you think Iran would have 140 million barrels of oil rotting on the sea? They would have sold it to China and India long ago. The truth is the US blocked the global pipes. Nobody wanted to touch that oil and face the US Treasury.

On the war: Anyone expecting it to end in a week doesn't understand history. Even the war in Syria took years. You are fighting people with a martyrdom complex—people who use suicide bombers don't fear death, so you can't "scare" them into surrendering.

People say Iran is giving the US a "tough time," but they forget that modern wars aren't fought like the 1940s. Israel and the US are following international laws; they are targeting Military Heads, not flattening every city. If this was a war of genocide, Iran would have been a desert on Day 1. The US is playing the long game of Regime Change, not mass killing.

So, while Iran is "winning" by throwing stones and noise, Israel is winning by systematically deleting their top leaders. There’s a massive difference.

As for Russia and China? Abeg, stop the hype. Russia has been struggling in Ukraine for years with boots on the ground, and China hasn't fought a real war in decades—nobody actually knows their real military might.

This suffering is a "necessary evil." We cannot allow a radical regime to get their hands on Nuclear Weapons. It’s not about religion; it’s about global survival. Nukes in the hands of radicals is a death sentence for humanity.

Re: U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets by Nobody: 1:35pm On Mar 21

VanuatuWycombe:
Is this a research? God!

Anyway, this is kind of candidates they package for us, from that side, to vote for as Nigeria’s best president-to-be.

That’s just one. Do you want me to spam the thread with evidences😁 emotions all over the thread and many don’t have any points except to cry😂😂😂 I love bursting y’all bubbles. I was sure you all will be here for your props and I came to scatter the meeting. I enjoyed you all tears. Next time I’m bringing a bucket😂

Re: U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets by Alikoooooooooo: 1:36pm On Mar 21

SpencerForbes:
Since it ain’t supporting bibi’s death, it’s mental challenge. Oh, so Islam hate propaganda as long as it is against them. Bunch of hypocrites!!!

SpencerForbes my gee how you dey. What I am saying is everyone knows Trump miscalculated. Everyone in international media is saying it, even his hardcore MAGA supporters are saying it. Trump that has destroyed their Army and Navy cannot go to strait Homuz. The US government has avoided direct conflict with Iran since 1979. Trump is the first to wage war with Iran against the wishes of former Advicers . Everyone knows America is not winning, the war is on stalemate and will end in stalemate. There is going to be no winner. Everyone is going to lose.

Re: U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets by Nobody: 1:38pm On Mar 21

Alikoooooooooo:
SpencerForbes my gee how you dey. What I am saying is everyone knows Trump miscalculated. Everyone in international media is saying it, even his hardcore MAGA supporters are saying it. Trump that has destroyed their Army and Navy cannot go to strait Homuz. The US government has avoided direct conflict with Iran since 1979. Trump is the first to wage war with Iran against the wishes of former Advicers . Everyone knows America is not winning, the war is on stalemate and will end in stalemate. There is going to be no winner. Everyone is going to lose.

I’m happy you said stalemate and I hope it ends that way because war doesn’t help the global economy but as long as we ain’t having any nuclear plant in Iran, that’s a win for me.

Re: U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets by Alikoooooooooo: 1:45pm On Mar 21

SpencerForbes:
I’m happy you said stalemate and I hope it ends that way because war doesn’t help the global economy but as long as we ain’t having any nuclear plant in Iran, that’s a win for me.

As long as no nuclear bombs are fired at Nigeria I don't care who has one or who doesn't . Amazing how Africa is the most defenceless continent but will survive because it will not be bombed. Amazing

1 Like 1 Share

Re: U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets by Hndrrxxx(m): 1:49pm On Mar 21

I never envisaged the biggest crisis fr Iran since the US backed Shah was toppled in 1979 to involve lifting the heavy oil sanctions on them but it’s mostly lack of oversight on the US part I mean Iran is not a country you just go to war with unprepared doesn’t matter if your a superpower

Re: U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets by bizzibodi(m): 2:05pm On Mar 21

Iran should reject the lifting of sanctions,Iran should blow up all their crude oil refineries & oil facilities to spite the US.

Re: U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets by SouthSouth1914: 2:12pm On Mar 21

fredoooooo:
Attimes you wonder how politicians and the US think..

Not US, but Trump. Acts before he thinks! Look at all his bans. Always end up lifting them.

Re: U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets by Smartguyboy(m): 2:25pm On Mar 21

TruthU87:
Source: The Guardian
https://www.theguardian.com/us-news/2026/mar/20/us-sanctions-iranian-oil

Can someone explain to me how USA have such power to sanction and unsanction a country?

Re: U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets by RodgersAkpafu: 2:33pm On Mar 21

SpencerForbes:
The truth is that this move is a massive trap for Tehran. The US is basically using Iran's own head to break coconut by weaponizing their own oil against them.

By letting those 140 million barrels hit the market at once, they are intentionally crashing global oil prices. The goal is simple: strip Iran of those high-profit margins they were using to fund their "runs" and operations.

It’s a cold "format" because the waiver only covers old stock already on ships, not new production. Iran isn't gaining any new market share or long-term contracts here. Even China’s "sweet deal" is dead now that they have to compete with Japan and India—the "distress discount" Iran was using to keep their allies happy has effectively evaporated.

Worst of all, while the oil is moving to keep global fuel prices stable, the money is still trapped. Financial systems are still on lockdown, so the revenue is basically "Audio Money" sitting in accounts Tehran can't touch.

Basically, the US is taking the oil to kill global inflation while keeping the pressure on Iran exactly where it is. Masterstroke.

You cant be this dull

Like honestly

Re: U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets by Tolu2024(m): 2:36pm On Mar 21

Smartguyboy:
Can someone explain to me how USA have such power to sanction and unsanction a country?

The United States doesn’t have “magic power” to sanction countries—it has built financial, economic, and geopolitical leverage over decades that gives it enormous influence. Think of sanctions as a tool, and the U.S. happens to control many of the systems that global trade depends on.

Here’s how that works in simple terms:

1. Control of the global financial system 💰

The biggest reason is the dominance of the U.S. dollar.
• Most international trade (oil, goods, etc.) is priced in dollars
• Banks around the world use U.S. financial systems to settle transactions
• If the U.S. cuts a country off, that country struggles to trade globally

The U.S. can tell its banks—and even foreign banks—“don’t do business with this country or you lose access to us.”

2. Influence over global payment networks 🌍

A key system here is SWIFT.
• SWIFT connects thousands of banks worldwide
• It enables cross-border money transfers
• When a country is removed (like Iran or Russia in some cases), it’s like being cut off from the global financial internet

Even though SWIFT isn’t American-owned, U.S. pressure heavily influences decisions.

3. Economic size and market power 📊

The U.S. is one of the largest economies in the world.
• Companies everywhere want access to the U.S. market
• If the U.S. says “choose between us or that sanctioned country,” most choose the U.S.

This creates secondary sanctions—even non-U.S. companies comply.

4. Legal authority and enforcement ⚖️

Sanctions are enforced through U.S. laws and agencies like:
• Treasury Department (especially OFAC)
• Ability to freeze assets held in U.S. banks
• Power to fine companies billions for violations

Because many global transactions pass through U.S. banks, the U.S. can reach far beyond its borders.

5. Alliances and global institutions 🤝

The U.S. often works with allies and organizations like:
• International Monetary Fund
• World Bank

When multiple countries act together, sanctions become much more powerful and harder to bypass.

6. Ability to “unsanction” 🔓

Lifting sanctions is simply the reverse:
• The U.S. removes restrictions
• Banks can resume transactions
• Trade and investment reopen

Because the U.S. helped block access in the first place, its approval helps restore access.

Simple analogy

Imagine global trade as a huge highway system:
• The U.S. controls many of the main toll gates and fuel stations
• If it blocks a country, that country can’t travel easily
• When it reopens the gates, movement resumes

Bottom line

The U.S. can sanction and unsanction countries because it sits at the center of:
• Global finance (dollar dominance)
• Banking systems
• Trade networks
• Political alliances

It’s not absolute power—but it’s structural power built into how the world economy works.

1 Like 1 Share

Re: U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets by Nobody: 3:04pm On Mar 21

RodgersAkpafu:
You cant be this dull

Like honestly

Because I don’t support radical Islamic terrorist, then I agree 💯

You can fill it up, I’m tired of the other flavors.

Re: U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets by naptu2: 3:32pm On Mar 21

Ishilove:
Glut?

SpencerForbes:
Surplus. Remember other countries have been producing oil too and once there’s surplus of goods, what happens, the price crashes. So we’re hoping the price of oil can reduce to probably $50 per barrel. If this happens and Iran were selling at $112 per barrel to fund their military missiles, they’ll experience shortage and moreover, the US has guaranteed they would track the money so it can only be used for humanitarian purposes and not military expansion. So Iran wins and lose. They can spend the money on food and drugs but not on military expansion.

There's no glut because Iran's oil is already and has always been on the international market.

Despite US sanctions, shadow fleet have been smuggling Iranian oil to places like China. Countries have been buying it at a discount (discount/cheaper because Iran needs to sell the oil and its market is limited because of sanctions).

All this will mean is that Iranian oil will become a little more expensive for China and other customers because Iran now has a greater choice of customers, but the oil has always been available.

https://en.wikipedia.org/wiki/Iranian_shadow_fleet

2 Likes 1 Share

Re: U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets by razzydoo(m): 3:38pm On Mar 21*

Fantasizing Clown. Joker. Rabble-rouser.🤡😩🤡😬🤡

SpencerForbes:
The truth is that this move is a massive trap for Tehran. The US is basically using Iran's own head to break coconut by weaponizing their own oil against them.

By letting those 140 million barrels hit the market at once, they are intentionally crashing global oil prices. The goal is simple: strip Iran of those high-profit margins they were using to fund their "runs" and operations.

It’s a cold "format" because the waiver only covers old stock already on ships, not new production. Iran isn't gaining any new market share or long-term contracts here. Even China’s "sweet deal" is dead now that they have to compete with Japan and India—the "distress discount" Iran was using to keep their allies happy has effectively evaporated.

Worst of all, while the oil is moving to keep global fuel prices stable, the money is still trapped. Financial systems are still on lockdown, so the revenue is basically "Audio Money" sitting in accounts Tehran can't touch.

Basically, the US is taking the oil to kill global inflation while keeping the pressure on Iran exactly where it is. Masterstroke.

Re: U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets by Nobody: 3:43pm On Mar 21

razzydoo:
Fantasizing. Clown. Joker. Rabble-rouser.🤡😩🤡😬🤡

I was expecting lots of flavor but they all taste salty, maybe yours will be different.

Re: U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets by erico2k2(m): 4:13pm On Mar 21

SpencerForbes:
The truth is that this move is a massive trap for Tehran. The US is basically using Iran's own head to break coconut by weaponizing their own oil against them.

By letting those 140 million barrels hit the market at once, they are intentionally crashing global oil prices. The goal is simple: strip Iran of those high-profit margins they were using to fund their "runs" and operations.

It’s a cold "format" because the waiver only covers old stock already on ships, not new production. Iran isn't gaining any new market share or long-term contracts here. Even China’s "sweet deal" is dead now that they have to compete with Japan and India—the "distress discount" Iran was using to keep their allies happy has effectively evaporated.

Worst of all, while the oil is moving to keep global fuel prices stable, the money is still trapped. Financial systems are still on lockdown, so the revenue is basically "Audio Money" sitting in accounts Tehran can't touch.

Basically, the US is taking the oil to kill global inflation while keeping the pressure on Iran exactly where it is. Masterstroke.

well done analizer, shey dem nor go pay Iran nee?Bross the mkt don dey fall press the alies and domestic presure don the mount and everybody know who cos the problem so E get no choice than to attempt to ease the economic stress, if not some people go lose election.
oh I just watched on the news just now, Iran say dem no get suplus stock of oil to ease any tension in the oil market, so that sanction lift no hold water, we are where we are, make trump supply extra oil to the world mkt, shey nah wetinhim dey find be that, floor don open

Re: U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets by Nobody: 4:15pm On Mar 21

erico2k2:
well done analizer, shey dem nor go pay Iran nee?Bross the mkt don dey fall press the alies and domestic presure don the mount and everybody know who cos the problem so E get no choice than to attempt to ease the economic stress, if not some people go lose election.

Read my replies, dem go pay Iran but dem no fit use am for military purpose. Only for humanitarian purposes. The oil and the money, USA Dey track am. Just ask google about US treasury bills and you go understand better.

Re: U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets by Axis313(m): 4:28pm On Mar 21

omoluka:
Laugh wan kill me 🤣🤣, I used to admire the US when I was younger, but as I’ve grown older and become more aware of history and global politics, I no longer see the US and the West as the ‘good guys.

This is comment of the week.
Oil dey your head bro,l also have the same mindset when I was a kid, especially when I am watching Hollywood movies,I always see them as superheroes,not knowing that majority of the problems of this world today is caused by them.

1 Like

Re: U.S Lifts Sanctions On Iranian Oil In Effort To Stabilize Markets by Konquest: 4:32pm On Mar 21

TruthU87:
The Trump administration has waived sanctions on Iranian oil purchases at sea for 30 days to ease surging oil prices driven by the US-Israeli war on Iran.

The US treasury secretary, Scott Bessent, said the waiver would bring about 140m barrels of oil to global markets and help relieve pressure on energy supply.

The move reflects White House concern that soaring oil prices – up about 50% to more than $100 a barrel, the highest since 2022 – will hurt US businesses and consumers ahead of the November midterm elections, when Republicans hope to retain control of Congress.

However, Bessent’s earlier suggestion of a waiver raised concerns that it could benefit Iran’s war effort.

It is the third time the US has temporarily waived sanctions in about two weeks.

It had previously eased sanctions on Russian oil, and on Friday issued a general licence allowing the sale of Iranian crude oil and petroleum products loaded on vessels as of Friday to 19 April, according to the licence posted to the US treasury website.

“By temporarily unlocking this existing supply for the world, the United States will quickly bring approximately 140 million barrels of oil to global markets, expanding the amount of worldwide energy and helping to relieve the temporary pressures on supply caused by Iran,” Bessent said in a statement on X.
Source: The Guardian
https://www.theguardian.com/us-news/2026/mar/20/us-sanctions-iranian-oil

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