US Treasury Secretary Scott Bessant said the “tailored, short-term measure” was aimed at promoting “stability in the global energy markets” and “will not provide significant financial benefit to the Russian government”.
Earlier ministers confirmed the UK would not be following the US by loosening sanctions on Russian oil.
Oil prices have surged since the Iran war broke out, with Tehran vowing to continue attacking the key shipping route of the Strait of Hormuz in retaliation for ongoing US-Israeli strikes.
And they show their hand.
So the war was a cover to start ramping down on their new ally’s sanctions?
It was a cover for about a million and one things, but yeah that’s one of them.
Russia (despite chastising the U.S. for attacking Iran, and then giving Iran intelligence about the U.S.) benefits.