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US extends waiver on Russian oil sanctions to ease Iran war shortages despite Bessent denial

In a surprising move, the U.S. has extended the waiver on Russian oil sanctions to address shortages from the Iran conflict. Despite Treasury Secretary Scott Bessent's earlier opposition, the waiver allows Russian oil shipments for another...

AP News· Apr 18, 2026 · 8:35 AM · 1 views

In a surprising move, the U.S. has extended the waiver on Russian oil sanctions to address shortages from the Iran conflict. Despite Treasury Secretary Scott Bessent's earlier opposition, the waiver allows Russian oil shipments for another 30 days. The decision underscores the intricate balance of global energy needs and geopolitical strategies. #OilCrisis #USPolitics #EnergyPolicy #Russia #IranConflict

Originally reported by AP News. Read the full story →

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