The temporary easing of sanctions on Russian oil is a part of the Trump administration’s attempt to tame energy prices that have been driven higher by the West Asia conflict. | Photo Credit: Reuters The United States issued a new general license on Thursday (March 19, 2026) to replace an earlier waiver for the sale of Russian-origin crude oil and petroleum products loaded on tankers as of March 12, according to the U.S. Treasury Department. The license, which expires on April 11, replaces and supersedes a similar 30-day sanctions waiver issued on March 12. While the main terms remain identical to those in the license issued earlier, Thursday’s (March 19, 2026) waiver specifically excludes transactions involving North Korea, Cuba and Crimea. The temporary easing of sanctions on Russian oil is a part of the Trump administration’s attempt to tame energy prices that have been driven higher by the West Asia conflict. Published – March 20, 2026 05:16 am IST Share this: Click to share on WhatsApp (Opens in new window) WhatsApp Click to share on Facebook (Opens in new window) Facebook Click to share on Threads (Opens in new window) Threads Click to share on X (Opens in new window) X Click to share on Telegram (Opens in new window) Telegram Click to share on LinkedIn (Opens in new window) LinkedIn Click to share on Pinterest (Opens in new window) Pinterest Click to email a link to a friend (Opens in new window) Email More Click to print (Opens in new window) Print Click to share on Reddit (Opens in new window) Reddit Click to share on Tumblr (Opens in new window) Tumblr Click to share on Pocket (Opens in new window) Pocket Click to share on Mastodon (Opens in new window) Mastodon Click to share on Nextdoor (Opens in new window) Nextdoor Click to share on Bluesky (Opens in new window) Bluesky Like this:Like Loading... Post navigation Iranian attack hits Israeli oil refinery in Haifa, some damage reported U.S. may remove sanctions on Iranian oil stranded in tankers, Bessent says