UPDATE 1-The Kremlin, on the U.S. waiver, says you cannot ignore Russia's oil volumes

The Kremlin, when asked ‌on Monday about a U.S. sanctions waiver on some Russia's oil exports, said that Russia was a responsible and important player on global energy markets and that it was hard ‌not to take Russia's export volumes into account. The Donald Trump administration on Friday renewed ‌a waiver allowing countries to buy sanctioned Russian oil at sea for about a month, even as lawmakers accused the government of going easy on Moscow as its war on Ukraine grinds on.

UPDATE 1-The Kremlin, on the U.S. waiver, says you cannot ignore Russia's oil volumes

The Kremlin, when asked ‌on Monday about a U.S. sanctions waiver on some Russia's oil exports, said that Russia was a responsible and important player on global energy markets and that it was hard ‌not to take Russia's export volumes into account.

The Donald Trump administration on Friday renewed ‌a waiver allowing countries to buy sanctioned Russian oil at sea for about a month, even as lawmakers accused the government of going easy on Moscow as its war on Ukraine grinds on. Russia is ⁠the world's ​third-largest oil producer ⁠and the second-biggest crude exporter.

"Russia remains a responsible and very important player in the global energy markets. The ⁠markets are going through difficult times at the moment," Kremlin spokesman Dmitry Peskov told a daily ​conference call with reporters. "And, of course, it is very hard not to ⁠take Russian volumes into account or ignore them," he said.

The move is part of the administration's effort to ⁠control global ​energy prices that have shot higher during the U.S.-Israeli war with Iran. It came after countries in Asia, suffering from the global energy shock, pressed Washington ⁠to allow alternative supplies to reach markets. Russian President Vladimir Putin's special envoy Kirill Dmitriev said an ⁠extension of the ⁠U.S. waiver will affect another 100 million barrels of Russian oil, bringing the total volume affected by both waivers to 200 million ‌barrels.

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