Treasury to Extend Sanctions Carve-Out for Russian Energy Payments

The sanctions exemption, which had been set to expire on June 24, will remain in place until Dec. 5, when the European Union’s ban on imports of Russian oil is set to go into place.

The sanctions exemption, which had been set to expire on June 24, will remain in place until Dec. 5, when the European Union’s ban on imports of Russian oil is set to go into place.

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