US Renews Russian Oil Waiver for a Month to Curb Global Energy Prices

Washington renewed on Friday a waiver allowing countries to buy sanctioned Russian oil at sea for about a month, even as lawmakers accused the government ‌of going easy on Moscow as its war on Ukraine grinds on. The Treasury Department's waiver lets countries purchase Russian oil and petroleum products loaded on vessels as of Friday through May 16. It replaces a 30-day waiver that expired on April 11 and excludes transactions involving Iran, Cuba and North Korea. Reversal