Times of Pakistan

US Treasury extends waiver for delivery, sale of Russian oil at sea

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Sumaira FH Published April 18, 2026 | 07:00 AM

US Treasury extends waiver for delivery, sale of Russian oil at sea

WASHINGTON, (UrduPoint / Pakistan Point News / WAM - 18th Apr, 2026) The United States has authorized operations involving the sale, delivery, or offloading of crude oil and petroleum products of Russian origin loaded onto tankers, according to a general license published on the website of the Office of Foreign Assets Control (OFAC) of the US Treasury Department.

The US Treasury Department issued a fresh license late Friday, allowing countries to purchase Russian oil loaded onto vessels as of April 17 through May 16. The move renews and replaces an earlier 30-day waiver that expired on April 11.

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