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The United States has imposed a temporary exemption, lasting about a month, that allows the sale of Russian oil already loaded on ships, with the aim of stabilizing the global energy market after a sharp rise in prices due to tensions in the Middle East.
The permit was issued by the US Treasury Department.
Only transactions for oil that was already loaded into tankers before a certain date are allowed. The measure will expire around April 11.
The goal is to ease pressure on the global oil market, without providing a major financial benefit to the Russian government.
According to official US statements, the measure is temporary and aims to keep oil flowing to the global market. /CNA
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