US Treasury extends waiver on Russian oil sanctions
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The US argues that the waiver is meant to ease the energy supply crunch sparked by the US-Israel war with Iran.
US again lifts sanctions on Russian oil stranded at sea two days after Trump’s treasury secretary promised not to - It prolongs a similar 30-day waiver issued in March
The United States did not extend a sanctions exemption that had allowed the sale of some Russian oil, stepping back from a contentious plan to try and contain global crude prices that was also providing an economic windfall to Moscow.