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NewsThe GuardianMay 19, 2026United States

US Extends Russian Oil Sanctions Waiver

The US government has granted a 30-day extension to a sanctions waiver, allowing certain countries to purchase Russian oil. This decision aims to support energy-vulnerable nations despite criticism from Democratic senators.

Read the full story at The Guardian

Why It Matters

This policy shift highlights the tension between enforcing international sanctions and managing global energy supply concerns that impact fuel prices.

Key Facts

  • The US Treasury issued a 30-day general license for Russian oil purchases.
  • The waiver allows access to oil stranded on tankers without violating sanctions.
  • Brent crude prices remain above $110 per barrel.

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