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US to temporarily allow countries to buy Russian oil stranded at sea

Financial Times
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The U.S. will temporarily permit countries to purchase Russian oil currently stranded at sea, easing sanctions enforcement amid Middle East conflict escalations. This short-term measure aims to stabilize global energy markets disrupted by geopolitical tensions, particularly as supply chain bottlenecks worsen due to maritime security risks. The decision reflects a strategic shift in U.S. policy, balancing sanctions pressure on Russia with urgent energy security needs for allied nations facing shortages. Stranded oil shipments, estimated in the millions of barrels, have accumulated due to sanctions-related payment and insurance hurdles, exacerbating market volatility. Analysts warn the move may undermine long-term sanctions efficacy but provides immediate relief as energy prices surge amid regional instability.
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