The United States has further eased sanctions on oil from Russia in an attempt to bring energy prices down as strikes on Iran continue. The news is a huge boost to the Kremlin, just when it needed one.

Washington says a 30-day waiver is only for sanctioned Russian oil already loaded on vessels at sea.

The U.S. is temporarily easing part of its sanctions measures on Russian oil, a reflection of global worries about sharply higher oil prices due to the Iran war.

U.S. sanctions will not apply for 30 days on deliveries of Russian oil that’s been loaded on tankers as of Thursday, U.S. Treasury Secretary Scott Bessent said on X.

Treasury Secretary Scott Bessent said it was “unfortunate” that the move could benefit Russia, but maintained that it was only for the short term.

Treasury Secretary Scott Bessent said it was “unfortunate” that the move could benefit Russia, but maintained that it was only for the short term.

Ukraine's president says the US decision "certainly does not help achieve peace".

Ukraine's president says the US decision "certainly does not help achieve peace".

US Treasury Secretary Scott Bessent said it was a temporary measure that will last until 11 April.

US Treasury Secretary Scott Bessent said it was a temporary measure that will last until 11 April.

The United States has temporarily eased restrictions on the purchase of certain Russian oil shipments currently stranded at sea, as global energy markets face growing strain due to the ongoing war involving Iran. The decision was announced Thursday by the U.

Kyiv has warned that a move by the United States to temporarily lift sanctions on Russian oil to stabilize the global energy markets amid its military campaign against Iran could add around $10 billion to the Kremlin's war chest to use against Ukraine.

The US said easing sanctions on Russian oil would provide only a limited financial boost to Putin.

The US said easing sanctions on Russian oil would provide only a limited financial boost to Putin.

Kremlin officials said the American move, which Europe opposes, showed that Moscow could not be dislodged from the center of global energy markets.

"All partners should maintain pressure on Russia and its war chest," a spokesperson said. Read more at straitstimes.com. Read more at straitstimes.com.

"All partners should maintain pressure on Russia and its war chest," a spokesperson said. Read more at straitstimes.com. Read more at straitstimes.com.

Washington has temporarily waived sanctions on some Russian oil and petroleum shipments, the U.S. Treasury Department announced Thursday, removing a tool previously used to pressure Russia to end its