US did not extend permission to buy Russian oil despite shortage due to war with Iran - media
The publication notes that the expiration effectively ends a short period during which the Trump administration eased sanctions on some types of Russian oil, allowing purchases that would otherwise have been banned. The Trump administration granted the first exemption in March and the second after the first expired in April - both of which applied only to some of the Russian oil already loaded on tankers.
The exemptions have been controversial, especially among European allies, who see the sanctions as necessary to deprive Russia of oil revenues and to finance Moscow's war in Ukraine. Critics argue that the easing of sanctions has enriched Moscow - even though it was limited to offshore oil, especially against the backdrop of a sharp rise in oil prices.
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