No. of Recommendations: 1
Second verse, same as the first.
Timeline from the net sifter, for brevity, as the waiver was month to month.
The U.S. Treasury initially issued temporary sanctions waivers/general licenses allowing the purchase of certain Russian seaborne oil and petroleum products already at sea to stabilize markets during Middle East supply disruptions.
The administration extended the waiver for additional 30-day periods.
June 17, 2026: The U.S. allowed the Russian oil sanctions waiver to permanently expire (reimposing full restrictions) following an agreement that reopened the Strait of Hormuz and stabilized oil flows.
Steve
