The prior extension was part of the Trump administration's effort to control ​global energy prices that have shot higher during the Iran war.

The U.S. Treasury Department has extended its pause on sanctions on Russian oil shipments to ease shortages from the Iran war, days after Secretary Scott Bessent ruled out such a move.

The Trump administration has allowed a controversial waiver on sanctions targeting Russian seaborne oil to expire, reimposing ...

The administration of US President Donald Trump has decided not to extend the sanctions waiver mechanism covering the ...

The United States has allowed a sanctions waiver permitting purchases of Russian oil stranded at sea to expire without ...

Bessent said the request to extend the sanctions waiver came on the sidelines of the Spring Meetings of the IMF and World ...

Without the waiver, Indian refiners wouldn’t have been able to take deliveries of Russian crude on sanctioned tankers or deal with Russian oil suppliers sanctioned by Washington ...

The Trump administration has allowed a sanctions waiver covering some Russian crude oil sales to expire, Bloomberg reported ...

The United States had eased sanctions on Russian oil in mid-March to counteract global oil shortages resulting from the ...

The United States has allowed a temporary sanctions waiver on Russian seaborne oil to expire, a move that could complicate ...

The US Treasury let its sanctions waiver for Russian seaborne oil expire on May 16, tightening enforcement and raising supply ...