economy
April 19, 2026
US extends suspension of sanctions, affects over 100 mln barrels of Russian oil
The official added that "more and more countries," including the US, are recognizing the systemic importance of Russian oil and gas for the global economy
TL;DR
- US sanctions suspension on Russian oil transit extended for 30 days.
- Over 100 million barrels of Russian oil in transit will be affected.
- Russia believes more countries, including the US, recognize the systemic importance of its oil and gas for global economic stability.
- Sanctions against Russia are considered ineffective and destructive.
- The US extension is expected to cause concern and hysteria in the European Union and the United Kingdom.
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