A reprieve that was to run only until May 16 has reportedly been prolonged to cool soaring energy prices
The US has once again extended a sanctions waiver that allows Russian crude and petroleum products already loaded onto tankers to be delivered and sold, Reuters has reported, citing a source familiar with the decision.
The latest exemption by the US Treasury Department, which had lapsed on Saturday, follows an earlier 30‑day relaxation that expired on April 11, and gives buyers another 30 days to complete shipments of Russian seaborne oil without breaching US restrictions, the source told the outlet on Monday. The move reportedly came after…
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