US may lift sanctions on additional Russian oil to ease global supply gap: Treasury chief Related news
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ISTANBUL The US may consider lifting sanctions on additional Russian oil shipments to ease a temporary global supply gap, Treasury Secretary Scott Bessent told Fox News on Friday. The remarks follow a US decision to issue a temporary 30-day waiver allowing Indian refiners to purchase Russian oil in an effort to maintain global supply. “The Indians had been very good actors. We had asked them to stop buying sanctioned Russian oil this fall. They did,” said Bessent. He added that India planned to
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