The U.S. Treasury Department is the federal executive agency responsible for managing government revenue and overseeing the nation's financial systems. It plays a central role in energy market stability, including authorizing temporary licenses for Russian oil purchases and exploring the use of oil futures to regulate commodity prices.
“No, it’s always been legal to sell to the private sector in Cuba, okay? These are – these would not be sales to the government. These would not be sales to the military-owned GAESA, the company. These would be sales to a very small private sector that exists in Cuba, and that’s always been legal.”
“the US Treasury has authorized a temporary license to buy Russian oil... Let's call that a 30-day sanctions waiver.”