u.s. widens russia oil waiver amid rising crude price
Washington, March 14 -- The US is temporarily easing some sanctions on Russian oil shipments, reflecting global concerns over sharply higher crude prices due to supply shortages stemming from the Iran war. US sanctions will not apply for 30 days on deliveries of Russian oil that's been loaded on tankers as of Thursday, US treasury secretary Scott Bessent said on X. That would give reluctant purchasers a green light to take the oil without worrying that they will run afoul of U.S. sanctions rules. P11...
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