U.S. extends Russian oil sanctions waiver 30 days (opens in new tab)

The U.S. Treasury extended for 30 days a sanctions waiver allowing certain Russian crude oil and petroleum products already loaded on tankers to be delivered and sold, Treasury Secretary Scott Bessent said Monday. Treasury issued the general license after the previous waiver lapsed on Saturday. It is effective until 12:01 a.m. U.S. Eastern time on June 17. Bessent said the measure would give “the most vulnerable nations” temporary access to Russian oil stranded at sea, help stabilize the phys...