According to U.S. foreign trade data, Washington bought 10,000 barrels of oil from Russia in November 2023 for $749,000.
It is noteworthy that imports were realized at $74.9 per barrel.
The U.S. imposed sanctions on Russia's energy sector due to the war in Ukraine and halted oil imports from Russia in April 2022.
The G-7 countries had also introduced a ceiling price of $60 per barrel on Russian oil in December 2022.
The recent U.S. purchase of Russian oil, exceeding the price ceiling set by G-7, marks a notable development in the complex dynamics of international energy trade.
Source: Newsroom