economy
April 19, 2026
US allows sales of Russian oil loaded before April 17 to continue until May 16
The general license replaces the previous one, which expired on April 11
TL;DR
- US Treasury authorized continued operations for Russian oil loaded before April 17 until May 16.
- This authorization applies to oil loaded onto any vessel on or before April 17, 2026.
- The license replaces a previous one that expired on April 11.
- Transactions involving Crimea, DPR, LPR, Iran, Cuba, and North Korea are not authorized.
- US Treasury Secretary Scott Bessent previously stated no plans to extend carveouts for Russian and Iranian oil on tankers at sea.
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