Episode Details

U.S. Treasury grants 30-day waiver for Russian oil purchases, aiming to stabilize global energy markets amidst the war in Ukraine. The move, which covers approximately 100 million barrels, has sparked controversy and criticism from European allies. Russia, despite halved energy revenues, stands to benefit from higher prices due to the disruptions. The Trump administration is taking further steps to reduce costs for businesses and families ahead of the midterms.

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