Thus, likely, maintaining the status quo., by erasing the advantage attempted to be mandated by Congress.
The rich cannot possibly agree to reducing their MIC income and alleviating human suffering for an instant.
It's really pathetic.
Source:
Overview of Sanctions Relaxation
On June 4, 2026, the U.S. Treasury announced a temporary relaxation of sanctions on Russian oil. This decision allows for specific transactions involving Russian-origin oil and petroleum products.
Details of the Waiver
Key Aspects of the Waiver
Duration: The waiver is effective for 30 days.
Scope: It permits the sale and delivery of Russian oil and petroleum products that were already loaded on vessels before March 12, 2026.
Purpose: This action aims to address the economic impact of ongoing conflicts, particularly the war involving Iran.
Implications
The relaxation is seen as a response to the disruptions in global oil supply, particularly due to the conflict in the Strait of Hormuz.
It is intended to stabilize energy markets, although it has raised concerns among pro-Ukraine advocates about potentially benefiting the Russian economy.
This temporary measure marks a significant shift in U.S. sanctions policy, reflecting the complexities of international energy markets amid geopolitical tensions.
Council on Foreign Relations home.treasury.gov