Trump is seeking to reduce restrictions against Iranian oil tankers

Donald Trump's administration is considering easing restrictions on oil tankers linked to Iran and Russia to curb rising fuel prices in the US ahead of November's midterm elections, the Financial Times reported.

Donald Trump's administration is considering easing restrictions on oil tankers linked to Iran and Russia to curb rising fuel prices in the US ahead of November's midterm elections, the Financial Times reported.

According to Ambassador Arjan, the Financial Times newspaper reported that, in an effort to control the increase in fuel prices in this country before the mid-term elections in November, the administration of Donald Trump is considering reducing restrictions against oil tankers linked to Iran and Russia.

According to this English newspaper, the implementation of this plan can allow some embargoed ships to return to the global market and resume their activities.

People familiar with the matter told the Financial Times that the measures are likely to include issuing licenses to sell sanctioned vessels to legitimate operators and lifting restrictions that prevent them from operating freely on the global market.

However, analysts believe that the easing of restrictions against these tankers will likely have a limited effect on fuel prices and will not necessarily lead to a significant reduction in energy costs in the United States.