US temporarily lifts sanctions on Russian crude oil due to surge in Iranian oil prices


The United States is temporarily lifting sanctions on Russian oil currently stranded at sea, Treasury Secretary Scott Bessant announced late Thursday. This is the Trump administration’s latest move to stem soaring energy prices amid the war with Iran. Bessent wrote in a post on social platform

Source: https://thehill.com/policy/energy-environment/5782247-trump-lifts-russian-oil-sanctions/

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