Washington, DC – US sanctions on Russian oil are back in force after the Trump administration let a temporary waiver expire over the weekend and chose not to renew it. Treasury did not issue a formal statement on the Russian waiver – unlike the Iran waiver – but when the measure was introduced on March 12, it was framed as temporary. By allowing the waiver to lapse quietly, the administration effectively restored sanctions on Russian oil cargoes covered by the license. JOIN US ON TELEGRAM