Trump administration extends Russian oil sanctions waiver for ‘most vulnerable nations’

May 19, 2026 - 02:00
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Trump administration extends Russian oil sanctions waiver for ‘most vulnerable nations’
The Trump Administration is extending a waiver that allows some Russian oil to be purchased despite sanctions on Moscow, as the war in Iran leads to higher gas, oil and energy prices. The policy is intended to help nations that are the most vulnerable to high prices, the administration said. Treasury Secretary Scott Bessent said…