The U.S. Treasury Secretary discussed issuing temporary licenses to allow the most vulnerable countries 30 days of access to Russian oil held at sea.
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U.S. Treasury Secretary Scott Bessent announced that a 30-day temporary general license would be issued to allow the most vulnerable countries temporary access to Russian oil stored at sea.
The measure aims to provide emergency support to countries experiencing the most severe energy crisis. The decision is intended to balance economic sanctions against Russia with humanitarian needs.
The US will issue a temporary license allowing the most economically fragile countries to access Russian oil waiting at sea for 30 days. The decision aims to limit the humanitarian consequences of the energy crisis while maintaining sanctions policy towards Moscow.
Energy prices and shortages in developing economies will be directly affected by this decision; countries able to access Russian oil within the 30-day period may experience relief in energy costs. If your country is a developing economy affected by sanctions, a short-term normalization in energy supply and prices can be expected during this temporary period.

Mehmet Yılmaz