Business & Economy

US Extended License for Sales of Russian Oil After G20 Meeting: Energy Secretary

© Photo : Social MediaFuel oil and VGO from Russian ports to India increased
Fuel oil and VGO from Russian ports to India increased - Sputnik India, 1920, 19.04.2026
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The US decision to extend the license for Russian oil sales was made after the G20 meeting in Washington, as global bankers asked the US to do so, US Energy Secretary Chris Wright said on Sunday.
"G20 conference was here, we had bankers from around the world, basically making pleas. 'We want energy prices down for us. Just help us. Be constructive,'" Wright told CNN when asked about extending the pause on sanctions against the Russian oil.
The US will reinstate its ban on Russian oil supplies at some point, Wright added.
Russian oil - Sputnik India, 1920, 18.04.2026
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