US will not renew Iran, Russia oil waivers

U.S. Treasury Secretary Scott Bessent confirms the United States will not renew waivers for Iranian and Russian oil imports.

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Updated

Friday, 24 April 2026 at 22:03 UTC

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Synthesis · 3 sources

U.S. Treasury Secretary Scott Bessent has announced the United States does not plan to renew a waiver that allows the purchase of Iranian and Russian oil that is currently in transit at sea. This decision effectively tightens sanctions enforcement, though its impact on Russia is considered minimal as Moscow's shadow fleet has been operating at scale since 2022. The move continues the Trump administration's pressure campaign on Iran's oil exports. For Russia, the non-renewal is largely symbolic, as a waiver was quietly extended just six days ago and is set to expire in mid-May.

Updates · 2

4d agoOur Wars, Today

The AP report confirms the announcement, adding that the specific waiver in question pertains to Russian oil currently at sea.

4d ago@InsiderGeo

Treasury Secretary Bessent's statement confirms the non-renewal, and the message adds context that the impact on Russia is minimal due to its established shadow fleet operations.

e/eineurope · topic · T-06409cycle Friday, 24 April 2026 at 22:03 UTC · first reported 4d ago