economic sanctions

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    Sanctions Eased on Russian Oil – A Temporary Measure

    United States Temporarily Authorizes Sale of Russian Oil Amid Middle East TensionsWashington, March 13 The United States is temporarily allowing the sale of Russian oil already at sea, the Treasury Department announced on Thursday, as global energy prices surge following US-Israeli strikes on...
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    Rising Oil Prices Trigger Global Response to Middle East Conflict

    Iran warned that global oil prices could surge to $200 per barrel after Iranian forces attacked merchant ships on Wednesday. The International Energy Agency (IEA) urged countries to release large amounts of strategic oil reserves to soften what could become one of the worst oil shocks since the...
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