US extends license for Russian oil sales

The United States has extended the license permitting the sale of Russian oil, a decision announced following the recent G20 meeting in Washington. According to reports, participants at the meeting urged maintaining low energy prices, influencing the US position. The head of the Ministry of Energy confirmed the extension, while analyst Chris Wright noted the US intends to eventually reinstate its ban on Russian oil supplies. This move reflects ongoing balancing between geopolitical pressures and economic considerations in energy policy.