The US has extended its waiver on sanctioned Russian oil until June 17.

The renewed U.S. sanctions waiver regarding Russian oil exports ​is unlikely to materially increase Russia's exports as shipments are already running ‌close to infrastructure limits, traders said, cit...

“This extension will provide additional flexibility, and we will work with these nations to provide specific licences as needed. This general licence will help stabilise the physical crude market and ...