US ends Iran, Russia oil waiver

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Treasury secretary: US will not extend sanctions exemptions period for Russia, Iran oil
Washington does not plan to extend the period for exemptions from sanctions on Russian and Iranian oil, US Treasury Secretary Scott Bessent said. According to him, this concerns oil supplies that were already in transport before the sanctions were imposed, and these exemptions were temporary.

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US Won’t Renew Iranian, Russian Oil Waivers, Bessent Says
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Bessent says US won’t extend oil waivers on Russia, Iran amid Strait of Hormuz tensions
West Asia conflict: US waiver ends, India to keep Russia oil tap open
Refiners had accelerated purchases of Russian crude through March after the US granted a 30-day waiver allowing countries to buy oil and petroleum products from Moscow that had been stranded at sea.

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No More Russian Oil Waiver: What The US Decision Means For India's Energy Needs Amid West Asia Crisis
What next for India's Russian oil purchase as Bessent announces no extension to waiver
US will not be renewing waivers for Iranian and Russian oil: How it affects India
India was a major beneficiary of the waivers put in place by the US, as they permitted New Delhi to continue to buy of Russian oil amid supply disruptions at the Strait of Hormuz.

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US To Not Extend Russian, Iranian Oil Sanctions Waiver. It May Affect India
US warns that buyers of Iranian oil could be hit with sanctions
Bessent says U.S. won't be renewing waivers for Iranian and Russian oil
The United States will not be renewing ​the waivers that allowed purchase of some Iranian and ‌Russian oil without facing U.S. sanctions, Treasury Secretary Scott Bessent told reporters on Wednesday.
US threatens Iran with ‘financial equivalent’ of bombs
Treasury Secretary Scott Bessent says the US will squeeze Iran’s economy by reinstalling sanctions, targeting banks and customers flouting the ban.
MEAWW News
Fact Check: Did US treasury secretary Scott Bessent say China can no longer get Iranian oil?
The post shared, “JUST IN: 🇺🇸🇨🇳 US Treasury Secretary Bessent says China will no longer be able to get oil from Iran.” It was accompanied by a collage image of Scott Bessent and Chinese President Xi Jinping. Notably, the claim emerged following reports of a US blockade of the Strait of Hormuz amid the ongoing Middle East conflict involving Iran.
India Today
US says it may lift sanctions on Iranian oil stranded in tankers to calm prices
US Treasury Secretary Scott Bessent said the addition of sanctioned Iranian oil into global supplies would help keep oil prices down for the next 10 to 14 days. Oil prices have been above $100 per barrel for much of the past two weeks as Iran has closed the Strait of Hormuz to shipping and has attacked tankers.