
The U.S. Treasury Secretary discussed issuing temporary licenses to allow the most vulnerable countries 30 days of access to Russian oil held at sea.
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U.S. Treasury Secretary Scott Bessent announced that a 30-day temporary general license would be issued to allow the most vulnerable countries temporary access to Russian oil stored at sea.
The measure aims to provide emergency support to countries experiencing the most severe energy crisis. The decision is intended to balance economic sanctions against Russia with humanitarian needs.