Graham, Russia sanctions and tariff
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US Secretary of State Marco Rubio has said the country would like to lift exemptions on oil sanctions against Russia in the near future.
US Senate eases tariffs on Russian energy and expands waiver powers. Crude oil reaching a new all-time high by September 30 at 5.8% YES.
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US quietly allows waiver on Russian oil to expireWASHINGTON, June 17 (Reuters) - The U.S. Treasury on Wednesday did not publish an extension of its waiver of sanctions on Russian seaborne oil that ran out at midnight, but President Donald Trump and administration officials did not say whether that meant ...
The U.S. Treasury secretary on Monday (May 18, 2026) said Washington was extending by 30 days its sanctions waiver for Russian oil cargoes already at sea, as global energy prices continue to surge due to the U.S.-Israel war on Iran. The latest “temporary ...
India has reportedly raised concerns over a proposed US sanctions bill targeting buyers of Russian crude, warning it could strain bilateral ties despite a softer tariff proposal. The revised legislation allows tariffs of up to 100% and includes waiver provisions for the US President.
In June so far, India’s oil imports from Russia averaged at 2.6 million barrels per day (bpd), a whopping 53.5% of the country’s total crude imports for the period, as per vessel tracking data from commodity market analytics firm Kpler.
