The U.S. Treasury Department has extended a sanctions waiver allowing deliveries of Russian oil for another month, a reversal announced on April 19, 2026. The decision prolongs a general license permitting transactions involving Russian crude and petroleum products loaded onto vessels as of April 17, authorizing their delivery and sale until May 16. [5]
Treasury Secretary Scott Bessent defended the policy shift before a Senate appropriations subcommittee on April 22, stating it was made following appeals from more than ten energy-vulnerable and low-income nations. He argued the extension was necessary to prevent crude oil prices from rising to $150 per barrel amid supply disruptions caused by conflict in the Middle East. [4]
Read Full Article: https://www.naturalnews.com/2026-04-24-us-extends-russian-oil-sanctions-waiver.html
