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The U.S. Treasury Department issued a new Russia-related general license allowing certain transactions tied to Russian oil shipments already en route to India. This move comes after oil prices spiked as the war in the Middle East continues. In response, Iran began targeting oil tankers traveling in the Strait of Hormuz.
Oscar Gonzalez is a freelance writer and editor who covers tech, misinformation, business, and the stock market. He's written for Gizmodo, CNET, TheStreet, CBS, and NBC. Email: oscar.gonzalez@complianceweek.com LinkedIn:... More by Oscar Gonzalez
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