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US extends waiver on Russian oil sanctions to ease Iran war shortages despite Bessent denial

Associated Press

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Reporting cited here

  1. documented

    General License 134B relaxed transaction prohibitions for a bounded class of Russian-origin cargoes through May 16, 2026, and General License 134C superseded it on May 18. The available evidence names no completed counterparties, quantifies no captured value, and does not show the licenses lifting broader Russia sanctions.

    Thirty-day license, prior public denial, market rationale, and unquantified effect on Russian exporters

    Who Won from Russia Sanctions Relief? — Audit finding · Cited analysis

  2. documented

    OFAC issued and superseded the time-limited licenses within the Trump administration; no personal Trump-Russia money edge is inferred.

    Thirty-day license, prior public denial, market rationale, and unquantified effect on Russian exporters

    Who Won from Russia Sanctions Relief? — The record · The record

  3. documented

    General License 134B expired on May 16 and was replaced and superseded by General License 134C effective May 18. The temporary channel did not identify completed cargo sales, named sellers or purchasers, transaction prices, or realized Russian-state receipts in the cited public record.

    Thirty-day license, prior public denial, market rationale, and unquantified effect on Russian exporters

    Who Won from Russia Sanctions Relief? — Outcome · Outcome