US renews Russian oil waiver after pressure from countries dealing with Iran war price shocks - Reuters
Quick Insights
The Bottom Line
The Trump administration extended a waiver allowing certain countries to buy Russian oil despite sanctions.
AI Summary
The Trump administration has extended a waiver that permits certain countries to continue purchasing Russian oil. This action allows these nations to bypass sanctions imposed on Russia, which were designed to restrict its energy revenue. The waiver's extension indicates the White House's intent to maintain global energy market stability while navigating geopolitical tensions. This policy decision directly affects the economic impact of sanctions on Russia and the energy security of the involved countries.
What's Being Done
The Trump administration extended a waiver for countries to purchase Russian oil.
Source Coverage Map
6 of 43 tracked sources covered this story
Following this story?
Get notified when new coverage appears
Other Sources Covering This Story
5 sourcesMultiple outlets have reported on this story. Compare perspectives from different sources.
US extends waiver on Russian oil sanctions to ease Iran war shortages despite Bessent denial - AP News
Trump Extends Sanctions Exemption on Some Russian Oil as High Gas Prices Persist - The New York Times
Trump Extends Sanctions Exemption on Some Russian Oil as High Gas Prices Persist
This article is part of a story we're tracking:
Economy & Markets
Monitoring the US and global economy including inflation, employment, Federal Reserve policy, trade tensions, market volatility, housing affordability, and the financial pressures facing American households.
Global Power Shifts
Tracking the changing dynamics of global power, including US-China competition, Russia's geopolitical moves, shifting alliances, NATO developments, and the emergence of new power blocs reshaping the international order.
Iran & Middle East Conflict
Tracking the evolving military and diplomatic situation across the Middle East, including US-Iran tensions, Israeli operations, proxy conflicts, and the broader geopolitical implications for the region.
Should this be getting more attention?
You Might Have Missed
Related stories from different sources and perspectives
GlobalUS warns that buyers of Iranian oil could be hit with sanctions - Reuters
<a href="https://news.google.com/rss/articles/CBMitwFBVV95cUxPdkVLU2x6LWQ5V3NfVmpCN0lVYmhqWjNJMUxKZ1l1YWNUTy15bnRIcVdXM1hKUVdiUDl2RFVXeU81MnJHREdlWnRPS3Z2YTQxOTdlQ2VyYUtuT2l2Y1lfcWVjTWNXTGFFa3g4SkIzRmdRS0xzallnOXVSMjhWMEx0N2tsbEx3TFRHWUJWNlRISlJVU1RvckR0eUJUVGVTUnJkX0U5MUpwemhRQVhGYmpKUlhjeWFTVGs?oc=5" target="_blank">US targets Iran's oil transportation infrastructure with sanctions</a> <font color="#6f6f6f">Reuters</font>
FinanceSaudi's Al-Jadaan says it will take time for oil-producing countries to ramp up output - Reuters
<a href="https://news.google.com/rss/articles/CBMizAFBVV95cUxPZy1xTy1PcHlNQmtQbmVubUVicy1zSl94S2FTY1dETVhpc2dMSE9iaFRkSWhCZG5Gb1BtZVEzeEJqR3hfQkNkRzBzc3JhVVVfR3Y2dVJoZ2VRdU01T3JNNVNZRS1DWml0NHJkNjlmRzl4UDJQVlQ2YW1yNGY1b1VQUzBoVG9KOUVFSjFUVlJsV0JIMEpKbGVxYl80dHZSVmJvTlE4WEhqaXNidGUyNmJyeTBsZjFqNzNIT2JuV051UFFrNHJnQWl2SmVrNWk?oc=5" target="_blank">Saudi's Al-Jadaan says it will take time for oil-producing countries to ramp up output</a> <font color="#6f6f6f">Reuters</font>
GlobalTrump extends feud with United Kingdom, Starmer with jab at drilling for North Sea oil
President Trump on Tuesday slammed the United Kingdom, which has frustrated the president by not backing the Iran war, over not drilling for oil in the North Sea. “Europe is desperate for Energy, and yet the United Kingdom refuses to open North Sea Oil, one of the greatest fields in the World,” Trump wrote on…
GlobalFrom dropping bombs to pressuring banks: US pivots to economic warfare on Iran - AP News
<a href="https://news.google.com/rss/articles/CBMingFBVV95cUxQNmhBR3VORVJXOGk3aVphLWJWMjE0RDNQdXFtS2xQTHdZcWxzUzN3YUtjdFZLYVlpYnM1aHI0Y056cjdLZ2pEZ2ZIa2dNSng5bEF5ZXUxejdCcUNNRnpZY2dVNVNVdnJ1X3ZMa3pVQnM4eVFVX3RaMkF2dktNa0tmQ08wdENJTjlTemRRT3BvNFNNeHBUczVpUVBHc2NhQQ?oc=5" target="_blank">From dropping bombs to pressuring banks: US pivots to economic warfare on Iran</a> <font color="#6f6f6f">AP News</font>
GlobalAfter criticizing the pope, Trump slams Italy’s Meloni over lack of support for Iran war - AP News
<a href="https://news.google.com/rss/articles/CBMipgFBVV95cUxOb2ZSYTdlamszLTZLc1hoTHczV1ozSTA3QUIyRDRUU3N3dE1DcU5ta1ROYlNZc1dheGVaZ1QxazJrc3ZCcEltZUUzNmdSOW1YdVJ0Y212S2F5RVBmbGNmOUt0SnVtUDJkblhaTW0zbEZ1NkhBRHU1N3o1bTNSZlE3a1BrTFpva2NSLXJFaGRNQUhZNUpQd2xHQXNRWEZ5TDNTUk1oa05R?oc=5" target="_blank">After criticizing the pope, Trump slams Italy’s Meloni over lack of support for Iran war</a> <font color="#6f6f6f">AP News</font>
GlobalStarmer 'not going to yield' to pressure from Trump on Iran war
The US president says he gave the UK a "better" deal than he had to in an interview on Wednesday.
Trump calls war on Iran a ‘little diversion’
US President Donald Trump has described the war on Iran which has killed more than 2,000 people as a ‘little diversion’.
Did this story change how you see things?
Stories like this only matter when people see them. Help us get verified journalism in front of more eyes.
The Verity Ledger curates verified investigative journalism from trusted sources only.
See our sourcesMost Read This Week
What to know about Eric Swalwell’s exit from Congress and the California governor’s race - AP News
New York subway stabbings leave 3 hurt as police shoot and kill knife-wielding man, officials say - AP News
Anthony Albanese urges Israel to stop Lebanon attacks that intensified during Middle East ceasefire
California woman says she was raped by Rep. Eric Swalwell in 2018 - AP News
Harris, Newsom, Democrats aren’t trying to hide their presidential aspirations
