WASHINGTON (AP) — Treasury SecretaryScott Bessent said Friday that the U.S. does not plan to renew a waiver allowing the purchase of Russian oil and petroleum products that are currently at sea. And, he said, a renewal of the ... .
does not plan to renew a waiver allowing the purchase of Russian oil and petroleum products that are currently at sea ... I think the Russian oil on the water has been largely sucked up.”.
According to the Associated Press, the waivers were originally issued to ease the strain on global energy markets caused by the Russia-Ukraine war and the US-Iran war ....
Bessent’s statements come as the world is on edge over the U.S.-Israeli war in Iran, and global energy markets have been ensnarled by the closure of the Strait of Hormuz....
This USD/RUB forecast signals a potential shift in the Russian ruble’s trajectory ... Commerzbank’s latest analysis highlights a methodical appreciation of the US dollar against the Russian ruble ... Russian Ruble Outlook.
The European Union has released its 20th round of sanctions on Russia, including extensive sanctions on the Russian energy sector. Notably missing, h ....