Oil prices have since surged, squeezing countries and especially those dependent on energy exports from the region.

The effective extension of the waiver comes just two days after U.S. Treasury Secretary Scott Bessent told reporters that the ...

The licence, issued by the treasury department, comes two days after treasury secretary Scott Bessent said that Washington ...

The waiver comes despite earlier US reluctance, as war-linked supply disruptions and Strait of Hormuz curbs push oil prices ...

The Trump administration on Friday renewed a waiver allowing ​countries to buy sanctioned Russian oil and petroleum products ...

The US administration does not plan to extend exemptions from sanctions on Russian oil, US Treasury Secretary Scott Bessent ...

The US Treasury Department issued a fresh license late Friday, allowing countries to purchase Russian oil loaded onto vessels ...

The United States did not extend a sanctions exemption that had allowed the sale of some Russian oil, stepping back from a ...

The move was met Friday with dismay in Europe, where officials and experts feared it would aid the Russian war machine in ...

The U.S. is temporarily easing some sanctions on Russian oil shipments, reflecting global concerns over sharply higher crude prices due to supply shortages stemming from the war in Iran. Video above: ...

“India is an essential partner of the United States, and we fully anticipate that New Delhi will ramp up purchases of US oil.