US extends sanctions waiver on Russian at-sea oil by 30 days: Treasury

The US Treasury on Monday extended its sanctions waiver for Russian oil cargoes that were already at sea by 30 days, as global energy prices continue to surge due to the Iran war.

The latest “temporary 30-day general license” will “provide the most vulnerable nations with the ability to temporarily access Russian oil currently stranded at sea,” Treasury Secretary Scott Bessent said in a social media post.

Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.

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Source: Insider Paper