Bessent announced the easing of US sanctions against oil from the Russian Federation to lower prices
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- Bessent announced the easing of US sanctions against oil from the Russian Federation to lower prices
The withdrawal by the United States of the sale of oil and petroleum products from Russia from American sanctions is aimed at reducing the cost of energy resources on world markets. This was announced on March 12 by the head of the US Treasury, Scott Bessent.
"[US President Donald Trump] is taking decisive measures to ensure stability in global energy markets and is working to keep prices low," he said in a statement on Twitter. Twitter).
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