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U.S. Treasury Renews License for Ship-to-Ship Russian Oil Transfers Until May 16investing.com
finance1 day agoUpdated

U.S. Treasury Renews License for Ship-to-Ship Russian Oil Transfers Until May 16

The U.S. Treasury renewed a license allowing temporary sales of Russian oil at sea, reversing an earlier decision not to extend it. The move aims to ease shortages linked to the Iran war. Indian refiners purchased Iranian crude under a separate one-month U.S. waiver, settling dea…

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