US issues 30-day sanction waiver for Russian oil

US issues 30-day sanction waiver for Russian oil The US has extended a waiver allowing access to Russian oil, as it moves to ease pressure on global energy supplies following its war on Iran and the resulting blockade on the Strait of Hormuz. Treasury Secretary Scott Bessent said Washington will issue a 30-day general licence to enable the temporary release of cargoes blocked during recent disruptions. The measure follows an earlier waiver introduced d...

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