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.
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 ...
The Trump administration on Friday reversed course and extended a waiver on sanctioned Russian oil and petroleum products amid the Iran war, just days after a top Cabinet official said the U.S. would ...
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 US argues that the waiver is meant to ease the energy supply crunch sparked by the US-Israel war with Iran.
The US has extended a waiver allowing delivery of Russian oil already at sea until mid-May, after earlier indicating it would not, citing appeals from energy-vulnerable nations amid Middle East ...
WASHINGTON, D.C. — US President Donald Trump's administration on Friday issued a month-long sanctions waiver allowing the sale of Russian oil and petroleum products that are at sea, extending an ...
The Treasury Department said that oil that has been loaded onto ships as of April 17 can be purchased until May 16.