Temporary relief. The United States decided to temporarily lift sanctions on Russian oil currently at sea to ease the economic fallout of the war in Iran. The measure will be valid for a 30-day period. Russian envoy Kirill Dmitriev said it would affect approximately 100 million barrels of Russian oil in transit. However, Bloomberg reported […]
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Daily Memo: US Eases Russian Oil Sanctions
The measure is part of Washington's efforts to reduce pressure on energy markets.
