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<title>US Treasury to extend sanction waiver on Russian seaborne oil, source says
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<description>PARIS, May 18 (Reuters) - The U.S. Treasury decided to extend &#x26;#x200B;its sanctions waiver &#x26;#x200C;on Russian seaborne oil, which lapsed on Saturday, after &#x26;#x200B;several countries asked &#x26;#x200B;for more time to &#x26;#x2060;buy Russian oil, a &#x26;#x200B;source familiar with the &#x26;#x200B;plan said on Monday. The waiver will last another 30 &#x26;#x200B;days, the source said. The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here. The &#x26;#x200B;United States had issued the waiver &#x26;#x200C;in &#x26;#x2060;a bid to ease oil supply shortages and high prices due to &#x26;#x200B;Iran&#x26;#x27;s &#x26;#x200B;closure &#x26;#x2060;of the Strait of Hormuz amid &#x26;#x200B;a...</description>
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<pubDate>Mon, 18 May 2026 16:37:32 GMT</pubDate>
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