US Extends Waiver On Russian Oil Sanctions By One Month, Offering Relief To Buyers Including India

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• US Extends Waiver On Russian Oil Sanctions By One Month, Offering Relief To Buyers Including India Published By, Last Updated: May 19, 2026, 05:57 IST US extends Russian oil sanctions waiver to June 17, allowing trade in shipments loaded by April 17, excluding links to Iran, North Korea, Cuba and restricted Ukraine regions.
• The United States has extended by another month a waiver exempting certain Russian oil shipments from sanctions, according to an order issued by the US Department of the Treasury.
• The move allows transactions involving Russian oil already at sea on or before April 17 to continue until June 17. In a notice issued Monday, the Treasury Department’s Office of Foreign Assets Control (OFAC) said it was replacing the earlier waiver with a new authorisation.
• “Effective May 18, 2026, General License No.
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