'Pathetic': Analysts ridicule Trump admin's latest 'twisted' oil market move
President Donald Trump's administration announced an oil market move on Thursday that had some analysts up in arms. The Treasury Department announced that it had temporarily rescinded sanctions on Russian oil already at sea. Treasury Secretary Scott Bessent said the move was in response to skyrocketing energy prices resulting from the war in Iran, but several analysts noted that Russia benefited from the move in myriad ways. The U.S. first placed sanctions on Russian oil to combat the country's...
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