"This narrowly tailored, short-term measure applies only to oil already in transit and will not provide significant financial benefit to the Russian government, which derives the majority of its energy revenue from taxes assessed at the point of extraction."
"Amid the growing energy crisis, further easing of restrictions on Russian energy sources appears increasingly inevitable, despite resistance from some in the Brussels bureaucracy."
"easing sanctions on Russia would reinforce Russia's capacity to wage war."
The United States announced a temporary easing of sanctions on Russian oil sales, broadening an initial waiver that focused on India to include other countries. Treasury Secretary Scott Bessent characterized the measure as narrowly tailored and short-term, applying only to oil already in transit, and claimed it would not provide significant financial benefit to Russia. However, the UK declined to follow suit, and EU leaders expressed disappointment, with German Chancellor Friedrich Merz and French President Emmanuel Macron criticizing the decision as unjustified. EU Economy Commissioner Valdis Dombrovskis warned the move would reinforce Russia's capacity to wage war. Moscow welcomed the announcement, viewing it as an inevitable easing of restrictions on Russian energy sources.
Read at www.dw.com
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