US renews Russian oil waiver after pressure from countries dealing with Iran war price shocks

Apr 18, 2026 11:11 am | Jpost

An aerial view shows the oil tanker named Boracay (also called Pushpa), a vessel being investigated by French authorities and suspected of belonging to the so-called "shadow fleet" involved in the Russian oil trade, off the coast of the western France port of Saint-Nazaire, France, October 2, 2025 (photo credit: REUTERS/STEPHANE MAHE)
The Treasury Department’s waiver lets countries purchase Russian oil and petroleum products loaded on vessels as of Friday through May 16.
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