Oil drops after US treasury eases sanctions on Russian oil
President Donald Trump said the United States would “make a lot of money” amid higher energy prices, prompting criticism from Senator Mark Kelly.
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President Donald Trump said the United States would “make a lot of money” amid higher energy prices, prompting criticism from Senator Mark Kelly.
The Treasury authorized a 30-day window for countries to buy Russian oil already loaded onto vessels, and oil prices fell after the announcement. Treasury Secretary Scott Bessent said the measure was narrowly targeted; President Donald Trump commented on the energy-price surge, drawing criticism from Senator Mark Kelly.
Treasury secretary who described the purpose and scope of the oil license
Bessent's version of this story ↗
U.S. senator who criticized Trump's remarks
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