U.S. Treasury Secretary Scott Bennett announced on Wednesday that the sanctions waiver for Russian and Iranian oil at sea has been extended for 30 days, following requests from about 10 countries facing oil shortages due to the closure of the Strait of Hormuz. Mahmoud Nabavian, a member of Iran's parliament, stated that Iran has sold all its oil at sea at double the price during the conflict and currently has no oil remaining at sea.
