--- title: "Baysent: Iran's oil has been allowed to continue flowing out of the Gulf region, and it will use Iranian oil to lower oil prices" type: "News" locale: "en" url: "https://longbridge.com/en/news/279786143.md" description: "More news, ongoing updates" datetime: "2026-03-19T12:08:19.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279786143.md) - [en](https://longbridge.com/en/news/279786143.md) - [zh-HK](https://longbridge.com/zh-HK/news/279786143.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/279786143.md) | [繁體中文](https://longbridge.com/zh-HK/news/279786143.md) # Baysent: Iran's oil has been allowed to continue flowing out of the Gulf region, and it will use Iranian oil to lower oil prices Brent crude oil prices fell slightly after U.S. Treasury Secretary Janet Yellen made a strong statement, saying that the U.S. is actively suppressing oil prices through various means. On Thursday, Yellen stated that the U.S. has allowed Iranian oil to continue flowing out of the Strait of Hormuz and explicitly identified Iranian crude oil as a tool to lower oil prices. "We will use Iranian oil to lower oil prices," she said. Yellen also mentioned that the U.S. could unilaterally release strategic petroleum reserves and may lift sanctions on Iranian crude oil stranded at sea, leaving room for further price-cutting policies. She noted that there are currently about 130 million barrels of Iranian crude oil at sea, which means that if related sanctions are eased, this stock could quickly enter the market supply. Updating ### Related Stocks - [Occidental Petroleum Corporation (OXY.US)](https://longbridge.com/en/quote/OXY.US.md) - [BP p.l.c. (BP.UK)](https://longbridge.com/en/quote/BP.UK.md) - [HSPC (603353.CN)](https://longbridge.com/en/quote/603353.CN.md) - [ProShares UltraShort Bloomberg Crude Oil (SCO.US)](https://longbridge.com/en/quote/SCO.US.md) - [Vanguard Energy ETF (VDE.US)](https://longbridge.com/en/quote/VDE.US.md) - [iShares Global Energy ETF (IXC.US)](https://longbridge.com/en/quote/IXC.US.md) - [iShares US Oil Equipment & Services ETF (IEZ.US)](https://longbridge.com/en/quote/IEZ.US.md) - [VanEck Oil Refiners ETF (CRAK.US)](https://longbridge.com/en/quote/CRAK.US.md) - [iShares US Oil & Gas Explor & Prod ETF (IEO.US)](https://longbridge.com/en/quote/IEO.US.md) - [United States Oil (USO.US)](https://longbridge.com/en/quote/USO.US.md) - [The Energy Select Sector SPDR® ETF (XLE.US)](https://longbridge.com/en/quote/XLE.US.md) - [Stt Strt®SPDR®S&P®Oil &GasEqpmnt&SvcsETF (XES.US)](https://longbridge.com/en/quote/XES.US.md) - [ProShares Ultra Bloomberg Crude Oil (UCO.US)](https://longbridge.com/en/quote/UCO.US.md) - [SttStrtSPDRS&POil&GasExplor&ProdtnETF (XOP.US)](https://longbridge.com/en/quote/XOP.US.md) - [United States Brent Oil (BNO.US)](https://longbridge.com/en/quote/BNO.US.md) - [VanEck Oil Services ETF (OIH.US)](https://longbridge.com/en/quote/OIH.US.md) - [F GX OIL (03097.HK)](https://longbridge.com/en/quote/03097.HK.md) ## Related News & Research - [Asia Fuel Oil-HSFO trades lower though market structure holds firm](https://longbridge.com/en/news/279576252.md) - [IMF: Prolonged high gas prices could increase inflation](https://longbridge.com/en/news/279845617.md) - [EU wheat regains ground with Chicago on Middle East war escalation](https://longbridge.com/en/news/279646243.md) - [IEA chief meets Chinese diplomat in Paris to discuss oil market stability](https://longbridge.com/en/news/279781018.md) - [Warren Buffett's parting gift to Berkshire Hathaway: a $2 billion Iran oil windfall](https://longbridge.com/en/news/279631994.md)