USA grants waiver to buy Russian oil through April 2026
→Importers holding stranded Russian cargoes must obtain a USA waiver to import
Change
USA authorised purchases of Russian oil stranded at sea under a temporary waiver expiring April 2026.
Why it matters
Countries must use the USA temporary waiver to import Russian oil stranded at sea. Waiver follows a prior USA waiver granted to India and expires April 2026.
Implications
- — Importers holding stranded Russian cargoes must secure the USA temporary waiver before offloading or they cannot lawfully accept those shipments after the waiver expires April 2026.
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Source
View on The Hindu