US Quietly Allows Waiver on Russian Oil to Expire

The U.S. Treasury let a waiver on sanctions for Russian seaborne oil lapse without an official announcement, leaving uncertainty over whether these sanctions will be reinstated. This waiver was previously suspended during the war on Iran, allowing Russia to sell its oil to the U.S. without penalty. The expiration could impact global oil prices and geopolitical relations, particularly as Russia remains a significant player in the international energy market. The lack of a clear statement from the Trump administration adds to the tension surrounding U.S.-Russia relations and the future of energy sanctions.