[U.S. Treasury Secretary: U.S. Treasury Department is providing a temporary authorization allowing countries to purchase Russian oil currently stranded at sea] Reported by Jinse Finance, on March 13, U.S. Treasury Secretary Besant stated: To expand the global coverage of existing supplies, the U.S. Treasury Department is providing a temporary authorization allowing countries to purchase Russian oil currently stranded at sea. This short-term measure applies only to oil already in transit and will not bring significant financial benefits to the Russian government. The temporary rise in oil prices is merely a short-term disruption, and in the long run, it will bring 'tremendous benefits' to the U.S. economy. (Jin10)