U.S. is allowing Iranian oil tankers through Strait of Hormuz, says Bessent

The White House believes tanker traffic through the Strait of Hormuz will increase before Navy escorts are deployed, Treasury Secretary Scott Bessent said.

# U.S. is allowing Iranian oil tankers through Strait of Hormuz, says Bessent The White House believes tanker traffic through the Strait of Hormuz will increase before Navy escorts are deployed, Treasury Secretary Scott Bessent said. **Read the full article:** [CNBC](https://www.cnbc.com/2026/03/16/us-is-allowing-iranian-tankers-through-strait-of-hormuz-says-bessent.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*