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.
The 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
