U.S. Treasury renews Lukoil license

The U.S. Treasury Department has extended a license allowing transactions related to the sale of Russian oil company Lukoil's assets, which are subject to sanctions, until September 19th. This move is part of efforts to impose sanctions on the Russian oil industry in order to pressure Moscow to end its war in Ukraine. The sanctions include measures against Lukoil, which is one of Russia's largest oil producers.

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