Is this the support for oil prices right now? (Waiver on Russian oil sanctions expiry) | Forexlive
This via a Fox reporter: Explainer on this: The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued General License 8L (GL 8L) on January 10, 2025, as part of the Russian Harmful Foreign Activities Sanctions program. ie, this was issued under the Biden administration. This license authorized specific transactions related to…