US has no plans to renew Russian, Iranian oil waivers: Treasury Secretary
Washington, April 25 (Sputnik/UNI) The United States is not going to prolong waivers for Russian and Iranian oil and petroleum products, US Secretary of the Treasury Scott Bessent told Associated Press (AP)."Not the Iranians ... We have the blockade, and there's no oil coming out. And we think in the next two, three days, they're going to have to start shuttering production, which will be very bad for their wells," Bessent told AP.The Secretary added that he could not imagine another extension of oil waivers for Russia.In March, the US Office of Foreign Assets Control issued general licenses authorising all transactions involving Russian and Iranian oil already loaded on vessels through April 11 and April 19, respectively. On March 21, NBC ...
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