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Event Brief

US issues 30-day license for loaded Russian oil

Treasury Secretary Scott Bessent said the US will issue a temporary 30-day general license for certain Russian oil sales.
WHO: Scott Bessent, US Treasury
WHAT: US Treasury will issue a temporary 30-day general license allowing sales of Russian crude oil and petroleum products already loaded on tankers
WHEN: May 18, 2026 at 1:45 PM ET
WHERE: USA
WHY: The license is issued as Iran war hits supplies.
How this story developed (showing 2 of 2 earlier reports)

Reporting from 2 identified publishers across this event arc.

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