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U.S. Extends Russian Oil Sanctions Waiver
Published 2 days, 22 hours ago
Description
U.S. Treasury Secretary extends Russian oil sanctions waiver until mid-June, easing pressure on buyers like China and India. The decision, aimed at stabilizing the crude market and ensuring energy-vulnerable nations get necessary oil, has caught some European allies off guard. The move is part of a broader effort to increase overall oil supply, lower prices, and prevent oil hoarding.
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