{"id":5057,"date":"2026-04-18T10:18:12","date_gmt":"2026-04-18T04:48:12","guid":{"rendered":"https:\/\/banitoday.com\/russian-oil-sanctions-us-extends-waiver-for-cargoes-already-at-sea\/"},"modified":"2026-04-18T10:18:12","modified_gmt":"2026-04-18T04:48:12","slug":"russian-oil-sanctions-us-extends-waiver-for-cargoes-already-at-sea","status":"publish","type":"post","link":"https:\/\/banitoday.com\/hi\/russian-oil-sanctions-us-extends-waiver-for-cargoes-already-at-sea\/","title":{"rendered":"Russian oil sanctions: US extends waiver for cargoes already at sea"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-130346235,imgsize-1186879,width-400,height-225,resizemode-4\/representational-image.jpg\" alt=\"Russian oil sanctions: US extends waiver for cargoes already at sea\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>The US administration has decided to extend a narrow window for global buyers to purchase Russian oil shipments already at sea, despite earlier indications that such relief would not continue.<span class=\"id-r-component br\" data-pos=\"2\"\/>Late Friday, the <a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/us-treasury-department\" styleobj=\"[object Object]\" class=\"\" commonstate=\"[object Object]\" frmappuse=\"1\">US Treasury Department<\/a> published a new licence granting a roughly month-long waiver, which allows nations to buy Russian oil and petroleum products loaded onto vessels as of Friday, with the provision running until 12:01 am (0401 GMT) on May 16. The measure replaces the previous 30-day waiver that expired on April 11.<span class=\"id-r-component br\" data-pos=\"6\"\/> <span class=\"id-r-component br\" data-pos=\"8\"\/><\/p>\n<div class=\"wLCOS vdo_embedd\">\n<div class=\"ap_Bf\">\n<div class=\"ZM4zO\">\n<p><i class=\"bo2C4\"\/> <span>Watch<\/span><\/p>\n<p> <!-- -->No More Russian Oil Waiver: What The US Decision Means For India&#8217;s Energy Needs Amid West Asia Crisis<\/div>\n<\/div>\n<\/div>\n<p> <span class=\"id-r-component br\" data-pos=\"11\"\/>The decision marks a reversal from comments made just two days earlier by Treasury Secretary Scott Bessent, who had said Washington would not extend waivers covering Russian or Iranian oil. <!-- -->\u201cWe will not be renewing the general license on Russian oil,\u201d he said, adding, \u201cThat was oil that was on the water prior to March 11, so all that has been used.\u201d<span class=\"id-r-component br\" data-pos=\"16\"\/>The waivers form part of a broader attempt to manage volatility in energy markets during the ongoing US-Israeli war against Iran. Since the conflict began back on February 28, it has disrupted energy supplies across the globe. After US and Israel launched joint strikes on Iran, the country extended its control over the crucial Strait of Hormuz, effectively draining global oil and gas shipments. <span class=\"id-r-component br\" data-pos=\"19\"\/>Prior to the war, about a fifth of the world\u2019s energy flows passed through the route.<span class=\"id-r-component br\" data-pos=\"21\"\/>As supplies squeezed, oil prices surged, affecting economies worldwide and placing additional pressure on countries reliant on energy imports. <span class=\"id-r-component br\" data-pos=\"23\"\/>The earlier waiver issued on March 20 enabled around 140 million barrels of Iranian oil to reach global markets, helping to ease supply pressures, according to Bessent. That arrangement is due to expire on Sunday.<span class=\"id-r-component br\" data-pos=\"26\"\/>The renewed relief for Russian shipments has drawn criticism from US lawmakers across party lines, who argue that such measures risk supporting economies engaged in conflicts with Washington and its partners.<span class=\"id-r-component br\" data-pos=\"28\"\/>Russian presidential envoy Kirill Dmitriev had previously told Reuters that the original waiver could release 100 million barrels of Russian crude into the market, an amount close to a full day of global production.<span class=\"id-r-component br\" data-pos=\"30\"\/><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/international-business\/russian-oil-sanctions-us-extends-waiver-for-cargoes-already-at-sea\/articleshow\/130345925.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US administration has decided to extend a narrow window for global buyers to purchase Russian oil shipments already at sea, despite earlier indications that such relief would not continue.Late Friday, the US Treasury Department published a new licence granting a roughly month-long waiver, which allows nations to buy Russian oil and petroleum products loaded [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5058,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-5057","post","type-post","status-publish","format-standard","has-post-thumbnail"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/posts\/5057","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/comments?post=5057"}],"version-history":[{"count":0,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/posts\/5057\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/media\/5058"}],"wp:attachment":[{"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/media?parent=5057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/categories?post=5057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/banitoday.com\/hi\/wp-json\/wp\/v2\/tags?post=5057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}