US eases sanctions on Russian oil for 30 days
Фото: Reuters
The US has eased sanctions for 30 days and allowed the purchase of Russian oil and petroleum products that are already being transported by sea. This only applies to raw materials that are on tankers in transit.
This was stated by US Treasury Secretary Scott Bessant.
According to the head of the department, the decision was made to avoid supply disruptions on the global market.
“To increase the global volume of existing supplies, the US Treasury Department is providing temporary permission for countries to purchase Russian oil that is currently stuck at sea. This limited, short-term measure applies only to oil already in transit and will not provide a significant financial benefit to the Russian government,” Bessent noted.
According to the published license, the delivery and sale of Russian oil and petroleum products that were loaded onto vessels as of March 12 is permitted. This permit will be valid until midnight on April 11, Washington time.
As a reminder, global oil prices have exceeded $100 per barrel amid the worsening situation in the Middle East. This happened for the first time since 2022, and investors are taking into account the risks of prolonged disruptions in energy supplies.
As reported, Iran’s threats to ships in the Strait of Hormuz have caused a sharp increase in world oil prices and may reverse the trend of declining Russian oil revenues.
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