The US Treasury Department has authorized the sale of Iranian oil and petrochemical products loaded onto ships by Friday midnight New York time, a move signaling direct efforts to moderate soaring global energy costs amid the Iran conflict. This general license represents the Trump administration's latest policy shift aimed at mitigating price pressures that have surged since the Middle East tensions escalated. The license targets stranded Iranian oil - cargoes that were either stuck at sea or in port due to pre-existing sanctions, allowing international traders to purchase these supplies without violating US law. This action directly addresses market concerns about supply tightness and could inject significant volumes into global markets if traders respond. The timing reflects acute worries about energy security and inflation risks as winter approaches.