Media: The United States has not continued permission for foreign companies to buy Russian oil

The United States did not continue the license, which allowed to pay for energy with Russian banks – reports Reuters, citing a spokesman for the US Department of Finance on March 13.

It is a permit for recent energy transactions with Russian financial institutions, provided for sanctions against the Russian oil industry, which was introduced by previous US President Joe Biden in his last days.

According to the Treasury Representative, the 8L General License is valid at 12:01 Eastern time on Wednesday.

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The Trump administration “remains focused on the cessation of hostilities and assisting negotiations on the end of the war,” the Ministry of Finance representative said in a statement sent to Reuters.

“We continue to impose our sanctions that remain one of the levers to achieve these goals,” he added.

Before the media, in particular, CBS Newswith reference to informed sources about the completion of a 60-day exception from a sanction, which allowed oil payments through sub-Russian banks that came under sanctions.

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The decision to further restrict access to US banking systems complicates the purchase of Russian oil for other countries, thus limiting its global sale.

US January 10 Introduced sanctions on more than 30 Russian oil service companies. Restrictions also touched by a Serbian company related to Gazprom Neft. The Ministry of Finance of the country explained to the fulfillment of G7 obligations to reduce Russian revenues from energy.