Early on Saturday morning, drones struck the Novokuybyshevsk refinery in Russia’s Samara Oblast, causing a massive fire that was seen on camera and posted on social media. Blasts were heard throughout the city’s eastern and northern regions, according to locals.
The complex, which processes 8.8 million tonnes of oil annually and produces more than 20 different commercial goods used to support Russian forces, is an important node in Russia’s energy infrastructure.
A month-long sanctions waiver permitting the sale of Russian oil and petroleum products at sea was authorized on Friday by the administration of US President Donald Trump, continuing a previous action to curb rising energy costs.
Two days after Treasury Secretary Scott Bessent declared that Washington would not extend the waiver, the Treasury Department issued the license. As of this Friday, the most recent change permits the purchase of oil and petroleum products that have been put onto any vessel.
It extends a previous reduction of penalties that ended on April 11. The goal of these actions was to lessen the supply shocks caused by the US-Israeli war on Iran.
Also Read:
Europe Observes International Women’s Day Amid Escalating international Hostilities
Greg Abraham: Transforming CTV Advertising With Codor K Media
