The Trump Administration is extending a waiver that allows some Russian oil to be purchased despite sanctions on Moscow, as the war in Iran leads to higher gas, oil and energy prices.
Earlier today petroleum ministry joint secretary Sujata Sharma said that India will continue importing Russian crude based on commercial practicality and its energy security requirements, regardless ...
President Donald Trump and G7 leaders are focusing on the Ukraine war and Trump is considering reimposing sanctions soon on ...
A second extension of the waiver indicates that oil market pressures from the closure of the Strait of Hormuz have not eased. The Trump administration will extend for another month a ...
(Bloomberg) -- Several Asian countries are pushing the US Treasury Department to renew a sanctions waiver allowing them to purchase Russian crude, according to people familiar with the matter.