U.S. won't renew Iranian and Russian oil waivers, Bessent says

U.S. won't renew Iranian and Russian oil waivers, Bessent says

Treasury Secretary Scott Bessent said Friday that the U.S. does not plan to renew a waiver allowing the purchase of Russian oil and petroleum products that are currently at sea. And, he said, a renewal of the one-time waiver for Iranian oil at sea is totally off the table.

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