WASHINGTON (AP) — Treasury Secretary Scott Bessent said Friday that the U.S. does not plan to renew a waiver allowing the purchase of Russian oil and petroleum products that are currently at sea. And, he said, a renewal of the one-time waiver for Iranian oil at sea is totally off the table.
“Not the Iranians,” Bessent told The Associated Press. “We have the blockade, and there’s no oil coming out.”
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