US eases Russia oil sanctions as Iran war pushes up energy prices
Washington says a 30-day waiver is only for sanctioned Russian oil already loaded on vessels at sea.
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Washington says a 30-day waiver is only for sanctioned Russian oil already loaded on vessels at sea.
President Trump shifts from touting low gas prices to emphasizing the benefits of high oil prices amid the U.S.-Iran conflict, which has caused a significant spike in oil and gasoline prices and disrupted oil flow through the Strait of Hormuz.
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