US Extends 30-Day Russian Oil License Amid Iran-War Shortages Despite Bessent Denial
TL;DR Summary
The U.S. Treasury extended a 30-day general license pausing sanctions on Russian oil shipments loaded by Friday to ease shortages caused by the Iran war, despite earlier remarks by Secretary Scott Bessent that renewal wouldn’t happen; the move underscores how the Iran conflict is boosting Moscow’s energy profits while sanctions policy remains unsettled.
- US extends waiver on Russian oil sanctions to ease Iran war shortages despite Bessent denial Politico
- Trump Extends Sanctions Exemption on Some Russian Oil as High Gas Prices Persist The New York Times
- U.S. renews Russian oil waiver after pressure from countries dealing with Iran war price shocks CNBC
- Indian oil refiners lining up oil cargoes to meet local demand, official says Reuters
- US extends waiver allowing countries to buy Russian oil – as it happened The Guardian
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