U.S. Treasury Secretary Scott Bessent on Monday announced another 30-day extension of a ⁠sanctions ⁠waiver allowing purchases of Russian seaborne oil to aid "energy-vulnerable" countries ⁠hit by the ...

The Trump administration has once again extended a sanctions waiver allowing the purchase of seaborne Russian oil, this time carving out the exemption for the “most energy-vulnerable” countries as the ...

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 ...

The US has extended its waiver on sanctioned Russian oil until June 17.

The United States allowed a sanctions waiver for certain Russian oil cargoes to expire on May 16. Lawmakers argued the waiver helped finance Russia’s war effort while failing to lower fuel prices.

The U.S. is allowing countries to buy Russian seaborne oil, extending its sanctions waiver for another month in a likely bid to control high fuel costs. Treasury Secretary Scott Bessent on Monday said ...

Secretary of State Marco Rubio says the U.S. wants to end waivers on Russian oil sanctions as soon as possible, with the ...

(Bloomberg) -- The Trump administration allowed a waiver that encouraged more Russian crude sales to lapse, even as the Iran war stokes concerns about global oil supplies and higher fuel costs. The ...

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 waiver allowing ...

The US has extended by another month its sanctions waiver for Russian crude already loaded on tankers, aiming to stabilise global oil supply amid disruptions caused by the Strait of Hormuz crisis and ...