US Allows Russian Oil Sales, Boosts Supply
Denver News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
U.S. Treasury Department allows temporary purchase of Russian oil at sea to boost supply and ease sky-high prices. This move comes amid U.S.-Iran conflict disrupting oil shipping through the Strait of Hormuz. Democrats in Congress criticize the decision, claiming it benefits Russian President Vladimir Putin and undermines efforts to squeeze Moscows energy revenues. The administration also taps the Strategic Petroleum Reserve and considers Navy escorts for tankers.
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