Tag: US waiver on Russian oil

U.S. Treasury to extend sanction waiver on Russian seaborne oil, source says

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U.S. Treasury to extend sanction waiver on Russian seaborne oil, source says

U.S. Treasury Secretary Scott Bessent poses for a photo ahead of a G7 Finance Ministers and central bank governors meeting in Paris, France, May 18, 2026. | Photo Credit: Reuters The U.S. Treasury will extend its ‌sanctions waiver on Russian seaborne oil, which lapsed ​on Saturday (May 16, 2026), after several countries asked for more…

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External Affairs Minister Jaishankar hits out at ‘unilateral’ sanctions days before expiry of U.S.’ Russian oil waiver

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External Affairs Minister Jaishankar hits out at ‘unilateral’ sanctions days before expiry of U.S.’ Russian oil waiver

(L-R) Iranian Foreign Minister Abbas Araghchi; South Africa’s Foreign Minister Ronald Lamola; Russia’s Foreign Minister Sergey Lavrov; India’s Foreign Minister S Jaishankar; Brazil’s Foreign Minister Mauro Vieira; Egypt’s Foreign Minister Badr Abdelatty; and Ethiopia’s Foreign Minister Gedion Timothewos Hessebon at the BRICS Foreign Ministers’ Meeting at Bharat Mandapam, in New Delhi on Thursday, May 14,…

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Business

U.S. extends waiver allowing countries to buy Russian oil

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U.S. extends waiver allowing countries to buy Russian oil

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…

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