Bessent Extends Oil Waivers, Averts Energy Crisis

0:00It's April 22nd, from breaking headlines to national stories. This is U.S. news today, powered by AI, U.S. Treasury Secretary Scott Besant just extended sanctions waivers on Russian and Iranian seaborn oil for another 30 days. This move came after urgent appeals from countries facing severe shortages thanks to the strait of Hormuz staying shut down. Earlier this week, Besant had signaled no more renewals on these expiring waivers, but the global pressures flipped the script. Vulnerable nations are breathing easier now, dodging potential energy crises that could spike prices everywhere. Besant dismissed talk of Iran, raking in over $14 billion from prior relief as pure myth, without dropping his own numbers so the oil flows on for 30 more days while tension