U.S. authorises purchase of stranded Russian oil
Change
On March 13, 2026, the U.S. authorised other countries to purchase Russian oil stranded at sea.
Why it matters
On March 13, 2026, the U.S. issued a temporary authorisation permitting countries to purchase Russian crude that was stranded at sea. The authorisation targets barrels that had been unable to be offloaded and remained at sea. The scope covers foreign purchasers acquiring those specific cargoes under the U.S. pathway. The authorisation is temporary and applies from the announcement date.
Implications
- • Creates an authorised route for transfer of ownership and physical offloading of previously stranded Russian crude.
- • Allows international traders and importers to complete purchase documentation for those designated cargoes under U.S. policy.
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