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Trump Faces Blowback on Easing Iran Oil Sanctions

March 24, 2026 · 6:17 am ET · 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.”

Foreign Affairs

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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