Treasury Secretary Scott Bessent

US Treasury just issued General License 134A, allowing limited transactions for Russian-origin oil already loaded before March 12, 2026. This authorization is valid until April 11, 2026

The “return of Russian oil” refers to the U.S. Treasury’s series of short-term General Licenses (GL 133 issued March 5,…

1 mois ago

The U.S. Treasury temporarily lifts nearly all sanctions on Iranian oil tankers, allowing exports loaded March 20 – April 19, 2026, signaling a major shift in Iran policy

The U.S. Treasury's General License U (issued March 20, 2026) is explicitly designed to exert downward pressure on oil prices…

1 mois ago

The US Treasury announcement on 03/13/2026 temporarily lifts restrictions on Russian oil

The US Treasury issued a temporary waiver on restrictions for certain stranded Russian oil shipments, announced around March 12-13, 2026,…

2 mois ago