Waltz struggles to explain why US is now letting Iran sell oil

The Treasury Department just authorized 30 days of Iranian crude oil sales, and the ambassador to the UN can’t make sense of it.

“We’re going to allow it on a temporary basis to some of our allies, like India, Japan, and others, so that the strategy of the Iran doesn’t work.”

Translation: Iran blocked the Strait. Prices spiked. Now the US is begging Tehran to sell oil to bring prices down.

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