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Euronews
Euronews
Quirino Mealha

US expands Russian oil waiver to all buyers in bid to tame prices

United States Donald Trump Oil Scott Bessent Russia IEA

US Treasury Secretary Scott Bessent announced on Thursday that the department is issuing a temporary authorisation allowing countries around the world to purchase Russian oil currently stranded at sea.

According to Secretary Bessent's statement shared on X, the step aims “to increase the global reach of existing supply” while addressing instability caused by the Iran war.

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