US eases Russian oil sanctions to lower energy costs
The US issued a 30-day waiver for sanctioned Russian oil to curb rising prices during the war with Iran. Brent crude remains near 101 dollars per barrel.
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The United States has issued a 30-day waiver for countries to purchase sanctioned petroleum products from Russia that are currently at sea, a move intended to mitigate energy price spikes fueled by the escalating war between Iran and Israel. Despite this intervention, Brent Crude Oil remained volatile, reaching $101 per barrel as the conflict entered its third week.
