Why "temporary exemption for Iranian offshore oil"? The U.S. is "forced by circumstances": global crude oil reserves are rapidly diminishing.
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The global oil market's offshore buffer inventory is being depleted at the fastest pace in recent years, forcing the U.S. government to take successive actions to suppress oil prices.
According to a Wallstreetcn article, on March 20 local time, U.S. Treasury Secretary Bensett announced that the