
Trump Extends Russian Oil Sanctions Waiver to May 16
The Trump administration on Friday extended a waiver on sanctioned Russian oil and petroleum products, reversing its earlier stated position not to do so. A Treasury license allowing countries to purchase Russian oil was extended through May 16, amid ongoing Iran war tensions.
What the President did: The Trump administration extended a sanctions waiver on Russian oil and petroleum products through May 16, contradicting a recent Cabinet official statement that the U.S. would not be granting such an extension.



