Iran-Israel war LIVE: U.S. extends waiver allowing countries to buy Russian oil
- Posted on April 18, 2026
- By The Hindu
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- 1 min read
The United States extends its sanctions waiver, permitting nations to continue purchasing Russian oil amid escalating tensions between Iran and Israel. This diplomatic move reflects the complex geopolitical balancing act as regional conflicts intensify. The decision impacts global energy markets and international relations during a critical period of Middle Eastern instability, with implications for OPEC+ production strategies and worldwide crude prices.