On March 20, 2026, the US announced a temporary 30-day lifting of sanctions on the sale and delivery of Iranian oil. The permit applies only to oil that was already loaded onto tankers by that day, and the oil in question must be unloaded by April 19. This should not be misread as a gesture to Iran. It is intended as a means of quickly releasing tens of millions of barrels of already-purchased oil onto the global market. The object is to ease pressure on oil prices, which should buy the US more time to achieve its war aims.