Annmarie Hordern
@annmarie
Early mornings with @bsurveillance, Chief Political Correspondent @BloombergTV, term member @CFR_org, LDN-DC-NY, friends call me AMH.
Joined July 2009
2.8K Following 59.7K Followers
Treausry issues a 30-day general license on some Russian oil
.@USTreasury is issuing a temporary 30-day general license to provide the most vulnerable nations with the ability to temporarily access Russian oil currently stranded at sea.
This extension will provide additional flexibility, and we will work with these nations to provide specific licenses as needed. This general license will help stabilize the physical crude market and ensure oil reaches the most energy-vulnerable countries.
It will also help reroute existing supply to countries most in need by reducing China’s ability to stockpile discounted oil.
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