US to issue new Russia oil waiver
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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 Iran war,
Treasury Secretary Scott Bessent has said he will extend a temporary pause of U.S. sanctions on Russian oil exports until mid-June. The decision deals a major blow to Kyiv and to the European Commission,
Scott Bessent said the Treasury issued the fresh 30-day general license after the earlier waiver expired on Saturday.
The U.S. Treasury Department has extended a sanctions waiver for Russian seaborne oil trade for an additional 30 days, primarily to assist vulnerable nations and stabilize crude oil supplies affected by the Iran conflict.
US Treasury Secretary Scott Bessent announces another 30-day extension of a sanctions waiver allowing purchases of Russian seaborne oil to aid “energy-vulnerable” countries hi