US extends waiver on Russian oil sanctions to ease Iran war shortages despite Bessent denial
- Posted on April 18, 2026
- By The Toronto Star
- 10 Views
In brief
The U.S. Treasury Department has prolonged its suspension on sanctions targeting Russian oil exports, a strategic decision aimed at mitigating energy supply disruptions stemming from regional tensions involving Iran. This policy extension comes amid ongoing geopolitical complexities and supply chain vulnerabilities, despite recent statements from Treasury Secretary Scott Bessent regarding the administration's stance on sanctions enforcement.
US extends waiver on Russian oil sanctions to ease Iran war shortages despite Bessent denial
WASHINGTON (AP) — The U.S. Treasury Department on Friday extended its pause on sanctions on Russian oil shipments to ease shortages from the Iran war, days after Secretary Scott Bessent
