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You are here: Home / Foreign Affairs / Trump Faces Blowback on Easing Iran Oil Sanctions

Trump Faces Blowback on Easing Iran Oil Sanctions

March 24, 2026 at 6:17 am EDT By Taegan Goddard Leave a Comment

“An agreement by the Obama administration to send $1.7 billion to Tehran around the same time that it reached a sweeping deal to curtail Iran’s nuclear program drew fierce backlash from Republicans, including Donald J. Trump,” the New York Times reports.

“A decade later, the Trump administration is on the defensive as it tries to justify temporarily lifting sanctions on 140 million barrels of Iranian oil that is currently sitting at sea. With oil prices hovering around $100 a barrel, the sanctions relief, which is intended to boost global supplies of crude to ease energy prices, could give Iran a $14 billion windfall at the same time the United States is waging a war on the country.”

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Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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