United States Extends Waiver on Sanctions Affecting Russian Oil Sales by 30 Days
The brief update says the United States has prolonged a sanctions waiver tied to Russian oil sales for another 30 days.
Summary
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Terms & Concepts
Sanctions waiver: A temporary exception that permits certain otherwise restricted transactions under an existing sanctions regime.
Russian oil sales: Exports or related transactions involving Russian crude oil or petroleum products that can be affected by international restrictions.