U.S. allows temporary purchases of Russian oil already at sea

Group 1 - The U.S. has authorized the purchase of Russian oil stranded at sea to stabilize energy markets amid the U.S.-Israeli conflict with Iran [1] - This measure is described as a "narrowly tailored, short-term measure" that applies only to oil already in transit [1] - The exemption covers Russian crude products loaded on ships on or before 12.01 a.m. Eastern time, with purchases allowed until April 11, 12.01 a.m. [2] Group 2 - The short-term measure is not expected to provide "significant financial benefit to the Russian government" [2]