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 ...

LES-BAINS, France (AP) — U.S. allies at the Group of Seven summit of major industrialized nations worked Tuesday to push 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 ...

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 ...

The extension of the US waiver on Russian crude lands at a critical moment for India, just as Russian barrels have grown to around 40% of its 4.5 million b/d crude import slate. Unlike China, India ...