US lifts sanctions on Russian oil
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Moscow on Friday urged the United States to lift more sanctions on its oil exports to stabilise the global energy markets, upended by the war in the Middle East.
Canadian Prime Minister Mark Carney joined the leaders of Germany and Norway on Friday in criticizing the Trump administration’s decision to temporarily lift sanctions on Russian oil, exposing a public split between Washington and key NATO allies.
US Treasury Secretary Scott Bessent announced that President Trump’s administration on Friday granted a 30‑day sanctions waiver allowing the purchase of Iranian oil at sea. The goal is to ease pressure on energy supplies since the outbreak of the American‑Israeli war on Iran.