US allows sale of Russian oil at sea as Middle East war sends energy prices soaring

The United States will temporarily allow the sale of Russian oil already at sea, the Treasury Department said on Thursday, as energy prices surged after US-Israeli strikes on Iran triggered war in the Middle East. The license permits cargoes loaded by March 12 to be delivered and sold until April 11.

Mar 12, 2026 - 23:00
18213
US allows sale of Russian oil at sea as Middle East war sends energy prices soaring
The United States will temporarily allow the sale of Russian oil already at sea, the Treasury Department said on Thursday, as energy prices surged after US-Israeli strikes on Iran triggered war in the Middle East. The license permits cargoes loaded by March 12 to be delivered and sold until April 11.

This article has been sourced from various publicly available news platforms around the world. All intellectual property rights remain with the original publishers and authors. Unshared News does not claim ownership of the content and provides it solely for informational and educational purposes voluntarily. If you are the rightful owner and believe this content has been used improperly, please contact us for prompt removal or correction.