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US indicated it would not ease Russian oil sanctions again, EU's Sefcovic says

Sanctions & Export ControlsGeopolitics & WarEnergy Markets & Prices

EU Trade Commissioner Maros Sefcovic said he raised concerns with U.S. Treasury Secretary Scott Bessent about the recent easing of sanctions on Russian oil and was told it would not happen again. The development is a policy-signaling update rather than a concrete market action, but it matters for Russian energy flows and sanctions enforcement. Near-term market impact should be limited unless the U.S. further shifts sanctions policy.

Analysis

EU Trade Commissioner Maros Sefcovic said he raised concerns with U.S. Treasury Secretary Scott Bessent about the recent easing of sanctions on Russian oil and was told it would not happen again. The development is a policy-signaling update rather than a concrete market action, but it matters for Russian energy flows and sanctions enforcement. Near-term market impact should be limited unless the U.S. further shifts sanctions policy.

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