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 US Department of the Treasury has extended a temporary licence that allows certain countries to purchase Russian oil already at sea for another month. Source: US Treasury Secretary Scott Bessent ...

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

The document emphasizes that the license does not authorize transactions related to a number of Russian regions, including Crimea, the Donetsk People's Republic, and the Lugansk People's Republic, as ...

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 ...

WASHINGTON (AP) — Treasury Secretary Scott Bessent said Monday that the U.S. will give a 30-day extension for countries to import Russian oil that is already in tankers at sea, a move that is meant to ...

Oil prices steadied near $110 as Trump delayed planned action against Iran and Washington extended waivers for buyers of Russian crude. - Record US SPR volumes are pushing out record volumes of US ...