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.

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.


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