The US on Friday issued a license letting countries buy more Russian oil that’s already been loaded on tankers, part of the White House’s push to prevent prices from surging.
The Valero Port Arthur Refinery in Port Arthur, Texas, US, on Tuesday, April 14, 2026. US natural gas futures ended lower for a fifth consecutive session, erasing earlier gains as traders weighed plunging oil prices against mixed weather outlooks. Photographer: Mark Felix/Bloomberg