The US unexpectedly extended the permit to buy Russian oil and eased sanctions for another month
Kyiv • UNN
The Trump administration extended exemptions from sanctions on oil from the Russian Federation until May 16 to curb prices. The decision was made despite previous promises by the authorities.
The administration of US President Donald Trump has extended the validity of exceptions that allow certain countries to buy Russian oil and petroleum products despite sanctions. This is reported by Reuters, writes UNN.
Details
The decision was made amid rising global energy prices due to the war in the Middle East. Washington expects that such a step will help curb the rise in oil prices.
The US Treasury Department has allowed purchases of Russian oil loaded onto vessels as of Friday until May 16.
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This is effectively an extension of the previous 30-day permit, which expired on April 11.
Washington's change of position
The extension of the exceptions came two days after Treasury Secretary Scott Bessent announced that the US did not plan to extend such permits.
Thus, the decision became an unexpected signal of a change in the administration's approach to sanctions policy.
Analysts note that such a step could complicate Western efforts to reduce Russia's energy revenues, which are used to finance the war against Ukraine.
At the same time, this could cause disagreements between the US and its allies.
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