The U.S. Treasury Department has extended its pause on sanctions on Russian oil shipments to ease shortages from the Iran war, days after Secretary Scott Bessent ruled out such a move.
Several Asian countries are pushing the US Treasury Department to renew a sanctions waiver allowing them to purchase Russian crude, according to people familiar with the matter.
Bessent said the request to extend the sanctions waiver came on the sidelines of the Spring Meetings of the IMF and World Bank last week ...
The US Treasury Department has issued a new license extending a waiver for global buyers to purchase Russian oil shipments already at sea until May 16. This decision reverses earlier statements and ...
Without the waiver, Indian refiners wouldn’t have been able to take deliveries of Russian crude on sanctioned tankers or deal with Russian oil suppliers sanctioned by Washington ...
A group of 14 Senate Democrats is pressing the Trump administration to reinstate sanctions on Russian oil after a temporary ...
The license, issued by the Treasury Dpt. comes two days after Treasury Secretary said that Washington would not renew the waiver. Tankers and cargo ships at the oil ...
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