US quietly allows waiver on Russian oil to expire
- Posted on June 17, 2026
- By Business News Today
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- 1 min read
US quietly allows waiver on Russian oil to expire
America's Treasury has not extended sanctions waivers on Russian oil. This waiver expired at midnight. President Trump has not confirmed if sanctions will be reimposed. The U.S. previously waived sanctions to help economies during an energy crisis. This could change as Middle Eastern oil becomes available. Trump is observing oil prices before making a decision.
