Iranian crude oil returns to the US market after 35 years, injecting new supply into the global energy market.
According to the Wise Finance and Economics APP, as the United States reached a temporary peace agreement with Iran, the US government announced a 60-day exemption from sanctions on Iranian oil. This means that Iran's oil has the opportunity to enter the US market again after 35 years, and will also bring new supply to the global energy market.
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