U.S. Extends Russian Oil Waiver

The general license allows for the delivery of Russian oil that was loaded onto tankers prior to Friday, providing a critical supply cushion as the Strait of Hormuz remains restricted.

The move highlights the administration's struggle to balance its geopolitical pressure campaign against Moscow with the need to stabilize domestic fuel prices.

Critics argue the extension undermines the effectiveness of international sanctions and provides a financial lifeline to the Kremlin.

However, officials maintain that the temporary measure is necessary to prevent a global energy price spike during the ongoing Middle East crisis.