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US Treasury Secretary Scott Bessent said the Trump administration will extend by another 30 days the ability of countries to import Russian oil that is already in tankers at sea, a move that is meant to reduce the oil supply shortages caused by the Iran war. Bessent had previously said, including to
AI Translated Summary:
The US Treasury Secretary announced a 30-day extension for countries to import Russian oil already at sea, aiming to alleviate supply shortages linked to the Iran conflict. This decision reflects ongoing geopolitical tensions and their impact on global oil markets.
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