US issues 30-day sanctions waiver for purchase of Russian oil at sea
By Ismail Shakil and Gleb Bryanski
March 13 (Reuters) - The United States issued a 30-day waiver for countries to buy sanctioned Russian oil and petroleum products currently stranded at sea, in what Treasury Secretary Scott Bessent said was a step to stabilize global energy markets roiled by the Iran war.
Oil prices eased on Friday morning in Asia after the U.S. waiver announcement, which, according to Russia's presidential envoy Kirill Dmitriev, would affect 100 million barrels of Russian crude, equal to almost a day's worth of global output.