U.S. forced to lift some sanctions on Russian oil to ease Iran war pain

Business

The U.S. Treasury Department on Thursday announced it was further easing sanctions on Russian oil by granting a license that authorizes the delivery and sale of some Russian crude oil and petroleum products for the next month. Trump signaled earlier this week that he would take more action to address the squeeze on oil flows, after his administration decided to grant temporary permission for India to buy Russian oil. Oil prices have been volatile, surging more than 70% since the war bega.

Tag-uri: Petrol