US Likely to Renew Russian Oil Waiver Amid Iran War-Driven Price Surge, Reuters Reports
The waiver could free up 100 million barrels of Russian crude as officials seek to cool energy markets after prices jumped.
12 Articles
12 Articles
US likely to extend Russian oil waiver to temper Iran war shock, sources say
U.S. President Donald Trump's administration is likely to extend as soon as Friday a waiver allowing countries to buy some sanctioned Russian oil and petroleum products, two sources familiar with the matter told Reuters.
US moves to extend Russian oil sanctions waiver to stabilize global markets - Times Kuwait
Washington is expected to extend a key sanctions waiver allowing certain countries to continue purchasing Russian oil and petroleum products, in a move aimed at stabilizing global energy markets amid ongoing geopolitical tensions. According to informed sources, the administration of US President Donald Trump is likely to renew the exemption starting Friday. The measure forms part of broader efforts to contain volatility in global oil prices foll…
US administration considers extension of permission to buy part of Russian oil to stabilize fuel prices
The 32-nation International Energy Agency has stated that the war in the Middle East is causing the biggest disruption of oil supply in history.
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