The United States issued a temporary allowance for countries to buy Russian oil. This applies to oil and petroleum products already loaded onto ships at sea.
A US Treasury Department official announced the measure. It is intended to promote stability in global energy markets.
This decision comes as a war impacts energy prices worldwide. The measure is described as a short-term solution.
The authorization will remain in effect until April 11. It is a narrowly tailored and time-limited action.
The goal is to prevent sudden price spikes caused by the ongoing conflict.