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. The policy is ...

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

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 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 ...

Sens. Jeanne Shaheen (D-N.H.) and Elizabeth Warren (D-Mass.) on Friday called on the Trump administration to not extend a ...

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 ...

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 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 ...