Live updates: Trump says US considering ‘winding down’ Iran war, US removes sanctions on 140 million barrels of Iranian oil

Live updates: Trump says US considering ‘winding down’ Iran war, US removes sanctions on 140 million barrels of Iranian oil

CNN general

Key Points:

  • The US has temporarily suspended sanctions on about 140 million barrels of Iranian oil already loaded on tankers at sea until April 19, aiming to cool rising global crude prices amid restricted tanker traffic through the Strait of Hormuz.
  • Despite this suspension, US officials say Iran will gain little financial benefit because of continued restrictions on accessing international financial systems and likely demands for payment into US-controlled accounts.
  • The US and Israel have intensified military strikes against Iran, targeting underground missile facilities, with Israel’s defense minister stating the campaign will increase despite President Trump considering winding down military efforts.
  • Iran launched ballistic missiles at the US-UK base on Diego Garcia, though no damage was reported, while Russia continues to support Iran with advanced drone tactics and intelligence sharing amid

Trending Business

Trending Technology

Trending Health