US May Further Ease Sanctions on Russian Oil Amid Mideast Conflict – Bessent

Treasury Secretary Scott Bessent listens as President Donald Trump speaks before a lunch with Ukraine’s Volodymyr Zelensky in the Cabinet Room of the White House, Friday, Oct. 17, 2025, in Washington

Treasury Secretary Scott Bessent said the US may further relax restrictions on Russian oil to help stabilize global supply during the ongoing US-Israeli aggression against Iran.“We may unsanction other Russian oil,” Bessent told Fox Business, adding that the Treasury is considering steps to release “hundreds of millions of sanctioned barrels… on the water” to bring relief to the market.WorldBessent Confirms 30-Day Waiver for India to Buy Russian OilYesterday, 04:34 GMT

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