World
2022.06.14 22:35 GMT+8

U.S. to extend sanction exemption for Russian energy payments

Updated 2022.06.14 22:35 GMT+8
CGTN

The U.S. Treasury Department has extended a sanctions carve-out allowing U.S. financial institutions to process transactions related to Russian energy sales for nearly six months, as the U.S. seeks to minimize further disruption in global energy markets, the Wall Street Journal reported on Tuesday.

The exemption, which had been set to expire on June 24, will remain in place until December 5.

Copyright © 

RELATED STORIES