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U.S. Treasury lets Russian oil waiver expire amid $100 crude pressures | Hellenic Shipping News Worldwide Recent News Baltic Dry Index falls to 3092 down 59 points LNG Spot Market Flat, As LPGs Keep Rising Maritime to take 15% of clean hydrogen demand by 2060, DNV forecasts Iran to unveil Strait of Hormuz traffic plans, will collect tolls Intra-Asia Container Index – 15 May Hellenic Shipping News Worldwide Hellenic Shipping News Worldwide, Online Daily Newspaper on Hellenic and International Shipping Home Shipping News top stories Hellenic Shipping News International Shipping News Dry Bulk Market Piracy and Security News Shipping: Emission Possible Marine Insurance P&I Club News Port News Shipbuilding News Shipping Law News Interviews Events and Training Courses Sea Tourism and Yachting Recent Videos Mobile Applications and Social Media Commodities Commodity News Chinese iron ore and steelmaking prices Freight News Guide for Carriage of Hazardous Materials Ship Risk Profile Calculator Report / Analysis Weekly Dry Time Charter Estimates Weekly Tanker Time Charter Estimates Weekly Container Reports Index Weekly Vessel Valuations Report Daily Tanker Market Rates Daily Bunker Report Cheapest Bunker Port Matrix Monthly OceanScore Pool-Price Index Weekly Shipbrokers Reports Monthly Shipbrokers Reports Monthly Ship Auctions Weekly Demolition Reports Weekly Ship Sales Weekly Shipbuilding Reports Marine Engine Specifications Shipping Glossary Oil & Energy Oil & Companies News General Energy News Bunker Prices Worldwide World Economy World Economy News IMF/OECD News Stock Market News Stock News Stock Market Snapshot Daily Currencies Ratings Hellenic Shipping Companies Live Hellenic Shipping Stocks Live International Shipping Stocks Live Commodity Trade Markets Home / Oil & Energy / Oil & Companies News / U.S. Treasury lets Russian oil waiver expire amid $100 crude pressures U.S. Treasury lets Russian oil waiver expire amid $100 crude pressures in Oil & Companies News 18/05/2026 The Trump administration allowed a key sanctions waiver to lapse on Saturday, halting a mechanism that had previously permitted nations, including India, to legally purchase Russian seaborne crude oil. According to a Reuters report, the expiration follows a month-long temporary extension originally implemented to ease global oil supply shortages and mitigate soaring energy prices caused by Iran’s closure of the Strait of Hormuz. U.S. Treasury Secretary Scott Bessent had previously stated he would not renew the general license authorizing the purchase of Russian oil stored on tankers. As of Saturday afternoon in Washington, no renewal notice had been posted to the Treasury Department’s official website, and a Treasury spokesperson declined to offer further comment. The expiration occurred a day after prominent Democratic U.S. Senators Jeanne Shaheen and Elizabeth Warren publicly urged the administration against extending the waiver, arguing that the policy provided critica

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• hellenicshippingnews.com: https://www.hellenicshippingnews.com/u-s-treasury-lets-russian-oil-waiver-expire-amid-100-crude-pressures/ · gdelt · distance 0.000
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• thehindubusinessline.com: https://www.thehindubusinessline.com/markets/commodities/us-treasury-allows-sanctions-waiver-on-russian-seaborne-oil-to-lapse/article70992423.ece · gdelt · distance 0.244
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