US ends Iran, Russia oil waiver

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Treasury secretary: US will not extend sanctions exemptions period for Russia, Iran oil
Washington does not plan to extend the period for exemptions from sanctions on Russian and Iranian oil, US Treasury Secretary Scott Bessent said. According to him, this concerns oil supplies that were already in transport before the sanctions were imposed, and these exemptions were temporary.

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Bessent says U.S. won't be renewing waivers for Iranian and Russian oil
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Bessent says US won’t extend oil waivers on Russia, Iran amid Strait of Hormuz tensions
US to end oil waivers on Iran and Russia, tightening pressure: Will it impact India?
The United States has said it will not renew temporary sanctions waivers that allowed limited purchases of Russian and Iranian oil, signalling a return to stricter enforcement amid ongoing geopolitica...

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US rules out renewing exemptions from sanctions on Russian, Iranian oil
US refuses to extend general license on Russian, Iranian oil: US Treasury Sec says, ‘all that has been used…’
US Will Not Extend Russian, Iranian Oil Sanctions Waiver Amid Hormuz Blockade. India May Be Impacted
India was a key beneficiary of the sanctions waivers, which attracted significant criticism by US politicians for enriching loosening financial pressure on Moscow and Tehran.

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US to halt Iran oil relief, tighten sanctions as Trump ramps up ‘maximum pressure’
US says it won’t renew sanctions waiver that allowed India to buy Russian oil
US threatens Iran with ‘financial equivalent’ of bombs
Treasury Secretary Scott Bessent says the US will squeeze Iran’s economy by reinstalling sanctions, targeting banks and customers flouting the ban.
India Today
US says it may lift sanctions on Iranian oil stranded in tankers to calm prices
US Treasury Secretary Scott Bessent said the addition of sanctioned Iranian oil into global supplies would help keep oil prices down for the next 10 to 14 days. Oil prices have been above $100 per barrel for much of the past two weeks as Iran has closed the Strait of Hormuz to shipping and has attacked tankers.
Bessent Says U.S. Won’t Renew Waivers on Russian and Iranian Oil
Treasury Secretary Scott Bessent said that the U.S. won’t renew a general license that the administration temporarily granted for the sale of Russian and Iranian oil already on the seas during the Iran war.
US Won’t Renew Iranian, Russian Oil Waivers, Bessent Says
Treasury Secretary Scott Bessent reaffirmed that the US would not renew general licenses that allowed for the temporary sale of certain Russian and Iranian crude.