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Event Brief

Trump Eases Oil Sanctions on Iran Amid Price Surge

U.S. lifts sanctions on Iranian oil to boost supply and lower prices; Trump emphasizes the need for Gulf security.
WHO: Donald Trump
WHAT: Easing of oil sanctions on Iran
WHEN: Mar 21, 2026 at 1:25 PM ET
WHERE: Iran
WHY: To increase oil supply and ease rising prices
Sources (1): The Hindu

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