The US has extended its waiver on sanctioned Russian oil until June 17.
US Secretary of State Marco Rubio has said the country would like to lift exemptions on oil sanctions against Russia in the ...
Scott Bessent said the Treasury issued the fresh 30-day general license after the earlier waiver expired on Saturday.
US treasury secretary Scott Bessent says the 30-day sanctions waiver will help stabilise the physical crude market and ensure oil reaches the most energy-vulnerable countries.
US sanctions restrict Russian oil trade but a temporary waiver allows crude already in transit to be delivered to avoid global supply disruptions.
The US has extended its sanctions waiver for Russian oil already at sea, offering relief until June 17. Meanwhile, India reiterated that its crude sourcing from Russia remains unaffected by American ...
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 ...
Earlier, the US had granted an exemption from sanctions to India for buying Russian oil for a month beginning March 5.
The US Treasury on Monday extended by 30 days its sanctions waiver for Russian oil cargoes already at sea, as global energy prices continue to surge due to the Iran war. The latest “temporary 30-day ...
Riyadh: The US Treasury secretary on Monday said Washington was extending by 30 days its sanctions waiver for Russian oil cargoes already at sea, as global energy prices continue to surge due to the ...
US extends sanctions waiver on Russian seaborne oil by 30 days amid Hormuz tensions; pressure on India eases ...