The extension comes two days after Treasury Secretary Scott Bessent said Washington will not be renewing the waiver that allowed countries to purchase Russian oil without facing U.S. sanctions. File.
| Photo Credit: Reuters
U.S. President Donald Trump’s administration on Friday (April 17, 2026) issued a waiver allowing countries to buy sanctioned Russian oil and petroleum products at sea for about a month, seeking to control global energy prices that have shot higher during the U.S.-Israeli war on Iran.
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See Details on AmazonThe U.S. Treasury Department allowed purchases of the oil loaded on vessels as of Friday (April 17, 2026) through May 16, an extension of an original 30-day waiver that expired on April 11, according to a document posted to the department’s website.
Published – April 18, 2026 06:35 am IST
