US Treasury Secretary Benson: Will Not Attack Iran's Energy Infrastructure, Will Use Iranian Oil to Lower Oil Prices

GateNews

Gate News: On March 19, U.S. Treasury Secretary Janet Yellen issued a statement regarding Iran’s energy policy, stating that the United States will not attack Iran’s energy infrastructure and will allow Iranian oil to continue exporting from the Gulf. Yellen revealed that there are currently about 130 million barrels of Iranian crude oil on the sea, and the U.S. will use Iranian oil to help lower oil prices.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

EU Tightens Sanctions on Russia With Complete Ban on Cryptocurrency Platforms

Gate News message, April 27 — The European Union has imposed its 20th round of sanctions against Russia, significantly strengthening restrictions on cryptocurrency-related activities. The new measures include a complete ban on crypto asset service providers (CASPs) and all cryptocurrency platforms o

GateNews51m ago

Pudgy Penguins (PENGU) Hosts Capitol Event, Joins White House Crypto Advisory Board

Gate News message, April 27 — Pudgy Penguins (PENGU), a prominent NFT project, held an invitation-only event for policymakers on April 24 at the Rayburn House Office Building in Washington, D.C. The project announced it has established a working relationship with the U.S. Congress and now serves as

GateNews1h ago

Rep. Begich Plans to Reintroduce Bitcoin Strategic Reserve Bill as American Reserves Modernization Act

Gate News message, April 27 — Rep. Nick Begich announced plans to reintroduce legislation establishing a strategic bitcoin reserve in the United States within the coming weeks, rebranding his previous "BITCOIN Act" as the American Reserves Modernization Act (ARMA). Speaking at the Bitcoin2026

GateNews1h ago

Ethereum Outperforms S&P 500 by 1,696 Basis Points Since U.S.-Iran Conflict, Says Tom Lee

Gate News message, April 27 — Tom Lee, chairman of Bitmine, stated that Ethereum has outperformed the S&P 500 index (U.S. benchmark equity index) by 1,696 basis points since the U.S.-Iran conflict, making it the best-performing single asset globally aside from crude oil. According to Lee, ETH has de

GateNews5h ago

Persian Gulf Conflict Pushes Oil Above $119, Reshaping Central Bank Rate Outlook

Gate News message, April 27 — The escalating conflict in the Persian Gulf has disrupted global oil flows, with Brent crude briefly surging above $119 per barrel and WTI spiking sharply from pre-conflict levels. While both benchmarks have retraced, crude prices remain near $100 per barrel, forcing ma

GateNews8h ago

EU Announces Largest Russia Sanctions Package in Two Years, Banning Crypto Services and Digital Ruble

Gate News message, April 27 — The European Union has unveiled its most comprehensive sanctions against Russia in two years, imposing a sweeping industry ban on cryptocurrency service providers and platforms established in Russia. The measures also prohibit Russia's central bank digital currency

GateNews9h ago
Comment
0/400
No comments