Tiny Red HandsBack

Who Won from Russia Sanctions Relief? — Administration response

Entities and roles

Claims and evidence

  1. factreported

    Treasury said the earlier India waiver covered stranded cargo and would not provide significant financial benefit to Russia. Cargo values, discounts, taxes, and seller ownership are insufficient for a defensible revenue estimate.

Measurements

  1. Earlier India-waiver cargo estimateApproximately 125 million eligible barrels
    Basis
    Observed
    Population
    Ukraine and sanctions-enforcement interests
    Period
    2026-03-05 to 2026-04-04
    As of
    2026-03-06
    Method
    Retain AP's attributed analyst estimate as physical volume for the March India waiver only; do not multiply by spot price or call it Russian revenue.
    Uncertainty
    Does not measure April General License 134B cargoes; named ownership, completed sales, prices, discounts, tax treatment, and state receipts were not established.