US will not extend sanctions exemptions for Russian and Iranian oil - Secretary
Kyiv • UNN
US Treasury Secretary Scott Bessent stated that they do not plan to extend the exemption for Russian seaborne oil and have completely ruled it out for Iranian oil. The statement comes against the backdrop of the US-Israel war against Iran and the closure of the Strait of Hormuz.
The US does not plan to extend the exception allowing the purchase of Russian oil and petroleum products currently at sea, and the extension of the one-time exception for Iranian oil at sea is completely ruled out, US Treasury Secretary Scott Bessent said on Friday in an interview with AP, writes UNN.
"Iranians - no, - Bessent told the Associated Press. - We have a blockade, and oil is not coming.".
"And we think that in the next two-three days they will have to start shutting down production, which will be very bad for the wells," - he added.
At the same time, the US Treasury Secretary ruled out the possibility of extending the lifting of sanctions against Russia and Iran.
Bessent said last week during World Bank and IMF meetings: "More than 10 of the most vulnerable and poorest countries approached me with the question: "Can you help?""
This was for these vulnerable and poor countries. But I don't think we'll have another extension. It seems to me that Russian oil at sea has largely been pumped out already
Addition
Bessent's statements came against the backdrop of a tense global situation due to the US and Israel's war against Iran, as well as the closure of the Strait of Hormuz, which has paralyzed world energy markets.
In March, the US initially granted a waiver of sanctions on the sale of Russian oil and petroleum products to stabilize global energy markets after oil prices sharply rose above $100 per barrel.
The US Treasury extended the waiver of sanctions two days after Bessent stated at the White House that he does not plan to extend the lifting of sanctions.