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18.04.26 - 21:45
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US Treasury Extends Russian Crude Waiver Amid Supply Disruptions (ZeroHedge)
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US Treasury Extends Russian Crude Waiver Amid Supply Disruptions
Authored by Kimberley Hayek via The Epoch Times,
The Trump administration renewed a key sanctions waiver on April 17, allowing countries to purchase Russian oil stranded at sea, responding to urgent pressure from Asian nations battered by skyrocketing energy costs.
The move also reverses a position Treasury Secretary Scott Bessent had stated two days earlier.
The Treasury Department's Office of Foreign Assets Control issued General License 134B on Friday, authorizing transactions tied to Russian crude and petroleum products loaded onto vessels as of that date.
The waiver runs through May 16 and replaces a previous license that expired on April 11.
The move comes after Bessent told reporters on Wednesday the administration would not extend the earlier waiver, signaling what appeared to be a firmer stance on Russian energy exports.
“As negotiations [with Iran] accelerate, Treasury wants to ensure oil is available to those wh...
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18.04.26 - 21:06
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Dramatic Audio: Indian Tanker Was Given Permission Before Being Fired On By IRGC, Delhi Summons Ambassador (ZeroHedge)
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Dramatic Audio: Indian Tanker Was Given Permission Before Being Fired On By IRGC, Delhi Summons Ambassador
India has summoned the Iranian ambassador in New Delhi in a rare moment of inter-BRICS discord after its tanker was attacked earlier Saturday while trying to traverse the Strait of Hormuz, which has been closed once again.
"During the meeting, the Foreign Secretary conveyed India's deep concern at the shooting incident earlier today involving two Indian-flagged ships in the Strait of Hormuz," the statement from India said. The full statement, which is still somewhat tame in its rhetoric in light of the fact that what the Indian vessel thought was an "approved" transit came under direct attack:
The UK Maritime Trade Operations (UKMTO) reports that a tanker was "approached by 2 IRGC gunboats, with no VHF challenge, and then fired upon."
The official Indian government statement continues: "He noted the importance that India attached to the safety of mer...
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