Russian oil sanctions: US extends waiver for cargoes already at sea

Apr 18, 2026 - 09:00
Russian oil sanctions: US extends waiver for cargoes already at sea

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The US Treasury Department has issued a new license extending a waiver for global buyers to purchase Russian oil shipments already at sea until May 16. This decision reverses earlier statements and aims to manage energy market volatility, despite criticism from lawmakers who argue it supports economies engaged in conflicts.

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