ReferIndia News U.S. Eases Oil Trade Sanctions Amid Global Energy Crisis

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U.S. Eases Oil Trade Sanctions Amid Global Energy Crisis

Published on: March 13, 2026, 5:20 a.m. | Source: Devdiscourse

The U.S. has issued a new general license permitting the sale of Russian oil through April 11. This license applies to oil loaded by March 12, announced amid a broader effort to release oil reserves globally, in response to rising prices due to tensions in Iran.

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