US Announces Fresh 30-Day Sanctions Waiver on Russian Seaborne Oil to ‘Vulnerable Nations’
Treasury Secretary Scott Bessent at the White House on April 15, 2026. Brendan Smialowski/AFP via Getty Images Treasury Secretary Scott Bessent announced on May 18 another 30-day sanctions waiver allowing the purchase of Russian seaborne oil to aid “energy-vulnerable” countries hit by the Iran war. “This extension will provide additional flexibility, and we will work