U.S. extends waiver allowing countries to buy Russian oil

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The hold comes two days aft ‌Treasury Secretary Scott Bessent said Washington volition not beryllium renewing the waiver that allowed countries to acquisition Russian lipid without facing ‌U.S. sanctions. File. | Photo Credit: Reuters

U.S. President Donald Trump’s medication connected Friday (April 17, 2026) ‌issued a waiver allowing countries to bargain sanctioned Russian lipid and petroleum products astatine ⁠sea for astir a month, seeking to power planetary vigor prices that person changeable higher during ‌the U.S.-Israeli warfare connected Iran.

The U.S. Treasury Department allowed purchases of the ‌oil loaded connected vessels arsenic of Friday (April 17, 2026) ‌through ⁠May 16, an hold of an archetypal ⁠30-day waiver that expired connected April 11, according to a papers posted to the department’s website.

Published - April 18, 2026 06:35 americium IST

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