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US lets Russia oil sales waiver expire

Filed: May 16, 2026 at 11:05 PM ET
Summary: 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.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.
📋 This story has 2 earlier reports
🔍 10 sources analyzed

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