US indicated it would not ease Russian oil sanctions again, EU's Sefcovic says
- Posted on April 25, 2026
- By Business News Today
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- 1 min read
US indicated it would not ease Russian oil sanctions again, EU's Sefcovic says
European Trade Commissioner Maros Sefcovic discussed U.S. sanctions relief on Russian oil with U.S. Treasury Secretary Scott Bessent. Sefcovic understood the relief was temporary, addressing difficulties faced by lower-income nations due to Strait of Hormuz closures. Both officials also focused on fertilizer supply chain disruptions impacting Europe and Africa. Bessent urged G20 nations to act on fertilizer access.
