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Published June 15, 2026
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By Industry News in Brief
US Extends Russian Oil Sanctions Waiver
The US extended a sanctions waiver on certain Russian oil products for an additional 30 days to help vulnerable countries amid supply disruptions.
The United States has extended a sanctions waiver on certain Russian oil products by an additional 30 days. The measure is intended to assist vulnerable countries affected by supply disruptions linked to tensions in the Gulf region and the closure of the Strait of Hormuz.