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US Extends Russian Oil Waiver, Balancing Act

US Extends Russian Oil Waiver, Balancing Act

Published 5 days ago
Description

U.S. Treasury extends Russian oil waiver, aiming to stabilize global markets amidst Iran war supply issues. The move, a shift from previous sanctions, allows poorer countries access to cheaper Russian oil, but risks funding Russias war efforts. The situation is complex, with potential impacts on various countries and Russias economy.

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