Washington: The United States has extended by a month a waiver from sanctions on Russian oil already at sea, according to an official statement. The US Department of the Treasury issued an order on Monday extending the waiver from sanctions on Russian oil stranded at sea on or before April 17 through June 17.

The U.S. Treasury decided to extend ​its sanctions waiver ‌on Russian seaborne oil, which lapsed on Saturday, after ​several countries asked ​for more time to ⁠buy Russian oil, reported Reuters citing...