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| CTH Deep Dive On US/Russia Energy Deal and Longer Term Energy Strategy-A Deeper US/Russian Thaw? |
| 2026-03-14 |
| [ConservativeTreehouse] Secretary Bessent Announces “Narrowly Tailored, Short Term Sanction Relief” for Russia President Trump and Treasury Secretary Scott Bessent are facing mounting criticism for creating a window for Russia to sell oil and gas to the global market via “narrowly tailored, short-term” sanction relief. However, few people are putting the issue into context, and the background here is exceptionally interesting. According to the terms announced by Secretary Bessent, the license to sell applies solely to Russian crude or petroleum products loaded onto vessels as of March 12 and is valid through midnight Washington time on April 11. [Treasury Notice Here – OFAC Technical Details Here] |
| Posted by:NoMoreBS |