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US Rules Out Renewing Waivers for Iranian, Russian Oil

April 25, 2026
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U.S. Treasury Secretary Scott Bessent said Friday that Washington has no plans to renew exemptions allowing the purchase of Russian oil currently held at sea, while firmly rejecting any extension of a similar waiver for Iranian oil shipments.

Sada Elbalad
Sada Elbalad

Coverage and analysis from Egypt. All insights are generated by our AI narrative analysis engine.

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