NEWSFLASH: US renews sanctions waiver for Russian oil
Late on Friday night – apparently to escape public notice – the Trump administration reversed their pledge, renewing lapsed sanctions waivers for Russian oil.
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The Trump administration on Friday night renewed a waiver that allows countries to keep buying certain Russian oil and petroleum products.
The waiver had lapsed for six days before the Trump administration renewed it, announcing their decision at around 9 p.m. eastern when most reporters – and indeed, most Americans – had signed off for the weekend.
Treasury Secretary Scott Bessent had previously said that Washington would not extend it but…
After paywall:
Why did Washington reverse course just days after saying it wouldn’t extend the waiver?
Could this move weaken Western pressure on Russia’s war economy?
What is Russia saying about the U.S. waiver?
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