US Eases Russian Oil Sanctions Amid Iran Conflict
The US eased Russian oil sanctions to counter Iran-related price surges and dropped fraud charges against a billionaire.
19 May 2026
The US eased Russian oil sanctions to counter Iran-related price surges and dropped fraud charges against a billionaire.
Cuba power grid failure hit nationwide again on Saturday, as a Russian gas cargo diverted and fuel deliveries remain delayed.
The U.S. issued a 30-day waiver for Russian oil purchases to stabilize markets, drawing criticism from European allies but approval from Moscow.
India's Russian crude oil imports surged to 1.5 million bpd in early March due to a Middle East supply crisis, facilitated by a U.S. waiver.
The U.S. granted a 30-day waiver for Russian oil loaded by March 12 to stabilize energy markets amid global conflicts.