Kremlin Insists Russia's Oil Volumes Unignorable After U.S. Waiver Renewal

The Kremlin stressed that Russia's oil export volumes cannot be ignored after the U.S. renewed a one-month waiver for buying sanctioned Russian crude at sea. This extension, covering another 100 million barrels and totaling 200 million across waivers, aims to curb global energy price spikes amid U.S.-Israel/Iran tensions and meet Asian demand. As the world's third-largest oil producer and second-biggest crude exporter, Russia remains pivotal in easing supply strains and stabilizing markets.