Iran parliament speaker mocks US oil sanctions relief move

Published 21 Mar, 2026 11:27pm 2 min read

Iran’s Parliament Speaker Mohammad Bagher Ghalibaf has dismissed a US move to ease restrictions on Iranian oil sales, saying the country has already sold all of its available crude.

In a post on social media platform X on Saturday, Ghalibaf took a sarcastic swipe at Washington’s decision to allow limited transactions involving Iranian oil shipments stranded at sea.

“Lifting sanctions on Iranian oil currently stranded at sea? Sorry—we’re sold out,” he wrote.

Ghalibaf said the United States was attempting to project relief by suggesting that oil stuck in transit could now be sold, but insisted that Iran’s supplies had already been absorbed by the market.

He described the move as largely symbolic, adding that it would have little to no impact on Iran’s economy.

The remarks come after the US Treasury issued a temporary license permitting the sale of Iranian crude and petroleum products already loaded on tankers. The authorisation is set to remain valid until April 19.

Iranian officials have framed the US step as a “psychological tactic” aimed at influencing global markets, arguing that there is no unsold Iranian oil available for buyers.

The development unfolds against the backdrop of heightened regional tensions, with recent US and Israeli strikes on Iran and Tehran’s retaliatory attacks on American bases and oil facilities in Gulf countries.

Disruptions linked to the conflict, including concerns over shipping through the Strait of Hormuz, have contributed to sharp volatility and rising prices in global oil markets.

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