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Event Brief

US lets Russia oil sales waiver expire

The Trump administration allowed a waiver encouraging Russian crude sales to lapse despite tight global oil supply concerns.
WHO: Trump administration
WHAT: Allowed a waiver that encouraged more Russian crude sales to expire
WHEN: May 16, 2026 at 12:13 PM ET
WHERE: USA
WHY: The waiver was allowed to lapse despite concerns about global oil supplies and higher fuel costs.
How this story developed (showing 2 of 2 earlier reports)

Reporting from 2 identified publishers across this event arc.

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