US extends sanctions waiver on Russian oil amid India's purchases
after close1 source ↓written by the desknot a recommendation
- now effective
- 17 Jun 2026
The US has extended the sanctions waiver on seaborne Russian oil by one month, now effective until 17 Jun 2026. This follows India's commitment to continue purchasing Russian crude, with officials emphasizing that imports will persist regardless of US actions. This development may influence oil market dynamics and pricing strategies globally. ⚡
• US Treasury extends waiver until 17 Jun 2026
• India maintains Russian oil purchases
• Potential impact on global oil prices
Not investment advice. For informational purposes only.