US Issues License Authorizing Sale of Some Russian Oil
Source: Bloomberg Politics · Bias: Center
Summary
The US issued its second authorization for buyers to take Russian oil cargoes already at sea, widening a temporary waiver given last week to India alone in an effort to ease pressure on prices. The latest measure applies to oil loaded before March 12 and runs for a month — limiting the number of vessels that can reach major buyers in time. Bloomberg’s Anthony di Paola reports.
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