US may continue easing sanctions against Russia

US may continue easing sanctions against Russia
© Photo: Maria Novoselova/ Vestnik Kavkaza

The United States confirmed during talks with representatives of allied countries its intention to continue the process of easing sanctions on Russian oil amid rising global prices, Bloomberg reported citing sources.

According to the agency, Washington communicated its position to allies last week. At the same time, it gave assurances that these measures are temporary and are aimed at stabilizing the global energy market while the U.S. operation against Iran continues.

Earlier, the U.S. Treasury lifted sanctions on the sale of Russian oil and petroleum products loaded onto vessels before March 12.

The general license published by the Office of Foreign Assets Control (OFAC) allows such transactions until April 11.

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