US easing of Russia oil sanctions draws criticism

Despite the announcement, oil prices continued to hover around $100 a barrel again on Friday, while stock markets outside the US fell. Kenya breaking news | Kenya news today |..

✨ Key Highlights

The United States has temporarily eased sanctions on Russian oil to address global energy supply issues, a move met with strong criticism from European allies.

The US sanctions waiver will affect approximately 100 million barrels of Russian oil currently in transit and lasts until April 11.
Key figures include US Treasury Secretary Scott Bessent, German Chancellor Friedrich Merz, French President Emmanuel Macron, and Ukrainian President Volodymyr Zelensky.
This decision comes amidst attacks on ships and energy infrastructure in the Gulf, causing an energy supply crunch and pushing oil prices around $100 a barrel.

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