US Won’t Renew Iranian, Russian Oil Waivers, Bessent Says
April 15, 2026
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0:16Now PlayingUS Won’t Renew Iranian, Russian Oil Waivers, Bessent Says
YouTube Description
as posted by the channelTreasury Secretary Scott Bessent said the US would not renew the general license on Russian oil and the general license on Iranian oil. #iran #russia #worldnews #politics #trump #usa #israel
The disruption of crude flows through the Strait of Hormuz has caused oil prices to spike and is imposing a heavy toll on US allies in Asia.
Global crude prices are up more than 30% since the war began, with futures trading around $95 a barrel as the US and Iran consider a two-week ceasefire extension.
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